Archive · 23 Aug 2025
India Sanctions Chip Design Projects, Boosting Semiconductor Growth
The Indian government is supporting 23 projects to help companies design their own computer chips.
These projects are run by Indian startups and small businesses.
They will be creating chips for things like surveillance cameras and energy meters.
The government is also providing companies access to tools needed for chip design.
One company, Vervesemi Microelectronics, is developing advanced chips for various sectors including space and defense.
The government wants India's chip market to grow to $110 billion by 2030.
The Indian government sanctioned 23 chip-design projects under the Design Linked Incentive (DLI) Scheme.
These projects, led by domestic startups and MSMEs, aim to develop indigenous chips and system-on-chip (SoC) solutions.
Around 72 companies have gained access to Electronic Design Automation (EDA) tools.
Vervesemi Microelectronics is developing advanced integrated circuits (ICs) for space, defense, industrial, and smart energy applications.
The government aims for the indigenous semiconductor market to reach $110 billion by 2030.
- Who
- The Union ministry of electronics and information technology (Meity), domestic startups, and MSMEs.
- What
- The government sanctioned 23 chip-design projects.
- When
- The projects were approved; Vervesemi targets production by late 2026 and early 2027.
- Where
- India
- Why
- To boost semiconductor design capabilities and achieve a $110 billion market by 2030.
- Scheme
- Design Linked Incentive (DLI)
- Number of Projects Approved
- 23
- Companies with EDA access
- 72
- Key Company
- Vervesemi Microelectronics
- Focus Areas
- Surveillance cameras, energy meters, microprocessor IPs, networking applications
- Indigenous Market Goal
- $110 billion by 2030
