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India’s Semiconductor Push Targets Global Product Champions Through R&D

India’s Semiconductor Push Targets Global Product Champions Through R&D
Fuelling Deep-Tech: Building India’s semiconductor product champions via R&D and IP · financialexpress.com

India has many skilled engineers who design computer chips.

The country now wants Indian companies to create and own their own chip technologies.

This could help India earn more value from the global semiconductor industry.

A government programme called Semicon 2.0 will support chip design, research, training and manufacturing.

India’s earlier semiconductor mission helped approve 12 manufacturing projects.

More than 100 startups are already developing chips.

These startups need patient investors because chip development can take years and cost a lot of money.

The article says universities, research institutions and companies must work together to turn ideas into successful products.

Key facts

Semicon 2.0 outlay
₹1,27,500 crore
First semiconductor mission outlay
₹76,000 crore
Approved manufacturing projects
12 projects with committed investments exceeding ₹1.64 lakh crore
Projects in commercial production
Three approved projects have commenced commercial production
Chip startups
More than 100 startups are developing chips
Semicon 2.0 focus
Chip design, R&D, fabrication, advanced packaging, equipment, materials and talent development
Key financing requirement
Patient, risk-tolerant capital capable of supporting long development and commercialisation timelines

Sources

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