GENERAL17 Sept 2026
Govt to target 200 chip design startups, firms under Semicon 2.0: Vaishnaw
The government will back at least 200 chip design startups and companies under Semicon 2.0, the next phase of India's semiconductor mission. Electronics and IT Minister Ashwini Vaishnaw said chip design is the first of six pillars, after Semicon 1.0 saw over 105 startups attempt chip design. This opens fresh opportunities for design-led businesses and skilled engineers, so watch for scheme details.
Key Statutory Highlights
- The government will target at least 200 startups and companies designing chips in India under Semicon 2.0.
- Chip design is the first of six pillars of Semicon 2.0, which also covers machines and materials, fabrication units, advanced packaging, research and development, and talent.
- Under the earlier phase, more than 105 startups attempted chip design, and about 20 of them secured venture capital funding worth around Rs 800 crore.
Actionable Advice for Taxpayers / Founders:If you run a chip design business, keep your project and funding records organised and follow the official Semicon 2.0 guidelines as they are released, so you can apply when applications open. Please check the final terms before relying on any support.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: