The scientific team of the Indian Institute of Science and Technology submitted a detailed project report to the Chief Scientific Advisor (PSA) in April 2022. After revisions, the new report was resubmitted in October 2024 and subsequently shared with the Ministry of Electronics and Information Technology (MeitY).

The report suggests developing 2D semiconductors using ultra-thin materials such as graphene and transition metal dichalcogenides (TMDs). These materials can enable chip manufacturing to reach the Emmy level, far smaller than current nanoscale technologies.

An Indian official revealed that MeitY holds a positive attitude towards the project. MeitY's Chief Scientific Advisor and Secretary have held a meeting on this matter and are exploring electronic applications where such technology can be deployed.

At present, India still heavily relies on foreign manufacturers in semiconductor manufacturing. The country's largest semiconductor project was established through a partnership between Tata Electronics and TSMC, with an investment amount of 910 billion rupees. This project has been approved by the India Semiconductor Mission and is expected to receive 50% capital support from the government.

In contrast, the proposal from the Indian Institute of Science and Technology calls for an investment of INR 50 billion over five years to establish local technology for the next generation of semiconductors. The project also includes a self sustainable development roadmap after the initial funding phase.