India opens chip design grants to startups under Semicon 2.0
India’s Ministry of Electronics and IT has expanded its chip-design initiative to include startups and small firms. Under the updated scheme, eligible companies can access seed funding of up to Rs 15 crore, with additional financing options for larger players. The program targets Indian-owned businesses in the semiconductor space.
Sources: msn.com
“This move signals India’s push to build domestic expertise in chip design—a sector historically dominated by foreign players—by directly funding early-stage ventures.”
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