Technology
Archived — This article has been archived. The information may be outdated.
Semicon 2.0 offers Rs 1.27 lakh crore equity incentives
Daily Pioneer··20 Jul
India's Semicon 2.0 programme on July 20 expands equity co-investment incentives to attract AI chip design funding. MeitY Secretary S Krishnan said high-end chip design needs over Rs 1,000 crore versus Rs 15 crore under existing design incentives. The Rs 1.27 lakh crore scheme approved on July 15 will co-invest when whitelisted venture funds back chip companies.
Prism
What It Means For You
- Semiconductor incentives may create engineering jobs in chip design and fabrication.
- AI chip self-reliance reduces dependence on imported processors for tech firms.
- Startup equity support lowers capital barriers for semiconductor entrepreneurs.
What's Happening
- Semicon 2.0 outlined Rs 1.27 lakh crore in equity co-investment on July 20.
- Krishnan said high-end chip design needs over Rs 1,000 crore in capital.
- The government will co-invest when whitelisted venture funds back chip firms.
Adaptive Context
- India's first semiconductor fab projects are under development with PLI support.
- AI chip demand is surging globally amid data centre and device growth.
- Equity co-investment complements existing production linked incentive schemes.
all-newseditors-picks
