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The Indian government is discussing a plan to support domestic semiconductor chip design firms by acquiring equity stakes as part of the second phase of the design-linked incentive scheme.
The goal is to offer equity support to mature local chip design companies with potential for further growth. The initiative aims to establish a robust chip design ecosystem and promote the development of domestic fabless firms.
By fostering indigenous chip design capabilities, India seeks to reduce its dependence on imported semiconductor chips and enhance its technological prowess.
This move aligns with the broader vision of achieving self-sufficiency in semiconductor design and ensuring long-term competitiveness in the global semiconductor industry.