India Semiconductor Mission 2.0 Sparks 200 Chip Design Companies

Under India Semiconductor Mission 2.0, at least 200 chip design companies have emerged, boosting India's semiconductor IP development. Over 105 startups accessed advanced Electronic Design Automation tools, with 20 securing venture capital. Four years into the initiative, 70,000 engineers have been trained, nearing the 85,000 target. Five of 12 approved plants are operational, strengthening India’s global competitiveness and trust as a semiconductor hub. International collaborations with Singapore, Europe, and South Korea focus on investment, manufacturing, and supply chains, enhancing India’s semiconductor ecosystem.

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