With reference to the ‘India Semiconductor Mission’ (ISM), consider the following statements:
With reference to the 'India Semiconductor Mission' (ISM), consider the following statements:
- AOnly 1
- BOnly 2
- CBoth 1 and 2
- DNeither 1 nor 2
Answer and explanation
Correct answer: C
Both statements are accurate. ISM was set up in 2021 as an independent business division within the Digital India Corporation under MeitY, with administrative and financial autonomy to build a semiconductor and display ecosystem. It explicitly aims to shift India from being a consumer of chips to a producer and an integrated part of the global semiconductor value chain, backed by the Semicon India programme.