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.