At least 200 chip design companies have emerged under India Semiconductor Mission 2.0, Union Minister Ashwini Vaishnaw said. More than 105 startups gained access to EDA tools, while 20 secured venture capital funding and around 70,000 engineers were trained.
The Finance Ministry's Expenditure Finance Committee approved a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0. The proposal, awaiting Union Cabinet approval, aims to boost domestic chip manufacturing, strengthen supply chains and meet 75 per cent of semiconductor demand by 2030
