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Startup Policy Forum Launches Semicon Consortium Backing India's Semiconductors
India wants to make more computer chips, the tiny parts that power phones and computers.
To help with this, a group called the Startup Policy Forum has started something new — The Semicon Consortium.
It is a team that brings together small chip startups, investors, and big global companies.
The team's job is to talk with the government about how to help the chip industry grow.
A few days earlier, the Government of India approved a big plan called the India Semiconductor Mission 2.0.
The plan sets aside a huge amount of money — 1,27,500 crore rupees — for the chip industry.
Leaders met at a roundtable called Semicon Baatcheet in New Delhi to talk about this plan.
The meeting was led by S Krishnan, a senior government official in charge of electronics.
They also released a report that maps India's semiconductor startup landscape.
The goal is to help new companies grow so India can become stronger at making chips.
Startup Policy Forum (SPF) launched The Semicon Consortium, an alliance of semiconductor startups, investors and global players.
The launch follows the Union Cabinet's approval of India Semiconductor Mission (ISM) 2.0 on July 15, 2026, with a fiscal outlay of INR 1,27,500 crore.
The consortium was announced at Semicon Baatcheet, a roundtable chaired by MeitY Secretary S Krishnan in New Delhi.
Key priorities include faster patient capital, implementing the government co-investment model, talent pipelines, shared infrastructure and public procurement demand.
SPF and Speciale Invest jointly released the report 'India's Semiconductor Startup Landscape 2026' at the roundtable.
- Who
- Startup Policy Forum, MeitY Secretary S Krishnan, semiconductor startups, venture capital investors and global players such as AMD, Intel and Ericsson.
- What
- Launch of The Semicon Consortium, a permanent industry platform to advance semiconductor policy and support ecosystem development ahead of ISM 2.0 implementation.
- Where
- New Delhi, India.
- When
- Announced on August 5, 2026, days after the Union Cabinet approved ISM 2.0 on July 15, 2026.
- Why
- To support the growth of India's semiconductor industry and ensure ISM 2.0 implementation reflects the needs of the startup ecosystem.
Key facts
- Initiative
- The Semicon Consortium
- Launching body
- Startup Policy Forum (SPF)
- Announced at
- Semicon Baatcheet roundtable
- Roundtable chair
- S Krishnan, Secretary, MeitY
- Related policy
- India Semiconductor Mission (ISM) 2.0
- Cabinet approval date
- July 15, 2026
- Fiscal outlay
- INR 1,27,500 crore (about 68% larger than ISM 1.0)
- Report released
- India's Semiconductor Startup Landscape 2026 (SPF and Speciale Invest)
Quotes
Shweta Rajpal Kohli
President & CEO, Startup Policy Forum
“"India’s semiconductor ambitions will ultimately be realised not only through large manufacturing investments, but also through a thriving ecosystem of startups building intellectual property, equipment, materials and next‑generation technologies. As ISM 2.0 enters its implementation phase, sustained dialogue between government, startups and investors will be essential to ensure that policy translates into globally competitive businesses. Through our Centre for Deep Tech Policy Research, we are ”
theprint.in
“"India’s semiconductor journey requires strong partnerships between government, industry, startups, academia and investors. As we implement ISM 2.0, our objective is to build an ecosystem that rewards innovation, accelerates commercialisation and creates globally competitive semiconductor capabilities. Structured industry engagement such as today’s discussion plays an important role in ensuring that policy design remains grounded in practical realities."”
theprint.in
