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Netrasemi raised Rs 125 crore and seeks state chip buyers
Livemint··17 Sept
Netrasemi cofounder Jyothis Indirabhai said the Centre's Rs 1.28 trillion chip incentive plan needs procurement support at commercialisation. The startup raised Rs 125 crore and launched a chip for drones and cameras. It is in talks with over 20 OEMs in India and Japan. Indirabhai wants government linked sectors to favour Indian designed chips in surveillance and telecom devices.
Prism
What It Means For You
- Government device tenders could favour chips designed in India if policies change.
- Drone and camera makers in talks may gain domestic silicon options.
- Startups may need purchase guarantees beyond equity funding alone.
What's Happening
- Netrasemi raised Rs 125 crore and targets drones, cameras and robotics.
- Indirabhai is speaking ahead of Semicon India 2026.
- The firm is in talks with over 20 OEMs in India and Japan.
Semiconductor incentive plan
- Centre policy offers Rs 1.28 trillion in semiconductor incentives.
- Iesa president Ashok Chandak suggested pilot projects to validate domestic chips.
- Current rules often localize assembly while importing primary microchips.
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