Govt mulls to pick up equity in local chip design companies under DLI scheme 2.0

Govt mulls to pick up equity in local chip design companies under DLI scheme 2.0

Jul 17, 2023 - 13:32
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Govt mulls to pick up equity in local chip design companies under DLI scheme 2.0
Govt mulls to pick up equity in local chip design companies under DLI scheme 2.0

The existing DLI scheme is part of the Centre’s comprehensive semiconductor plan announced in December 2021, which has received a good response.

The government is considering picking up equity stake in local domestic Indian semiconductor chip design companies, as a main element of the second phase of the design linked incentive (DLI) scheme. The first phase of the scheme is on, at present, a report has said.

The framework and timeline for the second phase are yet to be decided. Currently, the idea is to support and take stake in homegrown semiconductor chip design companies that have reached a certain stage of maturity and are ready to move to the next phase of expansion, the Business Standard reported on July 17.