India Semiconductor Partnership with USA - Stock Jumped after PM Modi speaks about India’s semiconductor future. In 2021, India started its Semiconductor Mission to build a strong, local semiconductor industry. The United States and India have taken a huge step towards expanding the global semiconductor supply chain.
The US Department of State will collaborate with the India Semiconductor Mission, under the Ministry of Electronics and IT, to explore ways to grow and diversify the semiconductor ecosystem. This initiative will be supported by the International Technology Security and Innovation (ITSI) fund, which was established through the CHIPS Act of 2022.
Uttar Pradesh Joins Gujarat and Assam in promoting and boosting semiconductors in India. Uttar Pradesh is prepared to offer a capital subsidy of up to 25 percent to companies establishing semiconductor fabs in the state. This state subsidy, combined with the central government’s 50 percent capex support, could provide semiconductor units in Uttar Pradesh with up to 75 percent in total capital subsidies.
India’s Semiconductor Mission-
Lunched in 2021. India has also made deals with companies like Taiwan’s Powerchip Semiconductor Manufacturing Corporation to help create a sustainable semiconductor sector.
What is Semiconductor?
A semiconductor is a material that can conduct electricity under certain conditions, but not others. The term can also refer to an integrated circuit (IC), or computer chip.Gallium arsenide, germanium and silicon are some of the most commonly used semiconductors. Silicon is used in electronic circuit fabrication, and gallium arsenide is used in solar cells, laser diodes, etc. Holes and electrons are the types of charge carriers accountable for the flow of current in semiconductors. Holes (valence electrons) are the positively charged electric charge carrier, whereas electrons are the negatively charged particles. Both electrons and holes are equal in magnitude but opposite in polarity.
Two Type of Semiconductor → 1. Intrinsic Semiconductor 2. Extrinsic Semiconductor
