Akash Tripathi is set to take over as CEO of the India Semiconductor Mission (ISM) from October 9, official sources said.
The addition to his portfolio of duties was notified by the ministry of electronics and IT on September 22.
The government has kept a sharp focus on establishing a semiconductor manufacturing ecosystem in India. It launched the ISM in December 2021 toward this end. The mission was allocated $10 billion in funding.
The ISM is tasked with the important mandate of screening the various applications under the semiconductor mission and shortlist the ones which are eligible for the subsidies.
The order was notified as the tenure of current ISM CEO, joint secretary Amitesh Kumar Sinha, is coming to an end on October 4, sources said.
Sinha was also the officer in charge of Electronics Hardware (PLI), SCL (Semiconductor Laboratory) and Productivity and Employment Generation, and the Designated Officer (u/s 69A).
As per the revised work distribution order, joint secretary Sushil Pal is to take charge of Electronics Hardware (PLI), SCL, and Productivity and Employment Generation, with effect from October 9.
Joint secretary Sanket S Bhondve will be the Designated Officer (u/s 69A).
Under the mission, the government on September 23 broke ground for a $2.75 billion Micron semiconductor assembly, testing, marking, and packaging (ATMP)