CURRENT AFFAIRS

Detailed explanation-1: -The convenor will be MeitY, the Secretary. KEY POINTS: The Union Cabinet recently approved the ‘Semicon India’ programme, which will spend a total of 76,000 crore to strengthen the country’s semiconductor and display manufacturing ecosystem.

Detailed explanation-2: -Shri Ajit Manocha: Currently the president and CEO of SEMI (an industry association of companies involved in electronics design and manufacturing) Shri Manocha has over four decades of sterling career in the semiconductor industry.

Detailed explanation-3: -Ashwini Vaishnaw . The Ministry of Electronics and Information Technology formed a 17 member advisory committee to guide the Rs 76,000 crore-Semiconductor Mission. The Minister of Electronics and Information Technology Ashwini Vaishnaw will be the Chairperson of the committee.

Detailed explanation-4: -In December 2021, the IT ministry had unveiled the semiconductor fabrication incentive plan as a part of which the central government would make large, upfront investments – 50% fiscal support as per recent modifications – to back the semiconductor wafer fab proposals by various corporate entities.

Detailed explanation-5: -Tata Elxsi Ltd, ASM Technologies Ltd, Dixon Technologies (India) Ltd, SPEL Semiconductor Ltd, Moschip Technologies Ltd, Ruttonsha International Rectifier Ltd, HCL Technologies Ltd, and others are a few semiconductor stocks in India. Scroll to the top to find a longer list of semiconductor companies in India.