Government sanctions 23 chip-design projects under Design Linked Incentive Scheme
- Context: To boost India’s semiconductor design capabilities, the government has approved 23 chip-design projects under the Design Linked Incentive (DLI) Scheme.
- Objectives:
- Promote indigenous chip development.
- Develop System-on-Chip (SoC) solutions for applications like surveillance cameras, energy meters, microprocessor IPs, and networking.
- Industry Support:
- 72 companies granted access to industry-standard Electronic Design Automation (EDA) tools for chip design.
- Vervesemi Microelectronics announced its upcoming portfolio of advanced integrated circuits aimed at accelerating India’s semiconductor self-reliance and fostering global innovation.
- Significance:
- Strengthens India’s semiconductor ecosystem and reduces dependency on imports.
- Supports Make in India and Atmanirbhar Bharat initiatives in the high-tech electronics sector.
- Encourages research, innovation, and skilled workforce development in semiconductor design.
Updated - August 22, 2025 4:36 PM | News On Air