The government is considering extending the tenure of the second phase of the India Semiconductor Mission (ISM) to as much as 12 years from the current five years, senior government officials said.

Jaipur, May 19 Rajasthan is rapidly emerging as India’s next major semiconducto and electronics manufacturing destination, with the Bharatiya Janata Party-led state government on Tuesday unveiling ambitious plans to transform the state int a high-technology hub.

This month, India’s semiconductor push gathered momentum with Tata Electronics’ pact with Dutch major ASML and two new projects, a mini/micro-LED display fabrication unit in Dholera and an OSAT packaging facility in Surat.

Almost four decades ago, India began semiconductor manufacturing – even before the world’s biggest chipmaker, Taiwan Semiconductor Manufacturing Company which has now become a $50 billion company. Had that early effort succeeded, India could have been at the forefront of today’s AI-driven technological revolution. But a mysterious fire and years of policy

Tata Electronics has signed a significant agreement with Dutch technology leader ASML, marking a crucial step in India’s efforts to build a domestic semiconductor manufacturing ecosystem. While the deal focuses on enabling 300mm wafer production in India, its broader implications could be far more transformative for the country’s silicon chip ambitions.