Electronics and Information Technology Minister Ashwini Vaishnaw today said that India is on course to be among the top four semiconductor manufacturing nations in the world by 2035. The Minister made these remarks while addressing the startup and semiconductor industry representatives in New Delhi. He said India’s semiconductor programme has been designed as a long-term and well-calibrated initiative involving both startups and established companies. Mr Vaishnaw underlined that the nation has charted its roadmap towards advanced technology nodes, including two-nanometre capabilities, in the coming years.
Talking to the media, Mr Vaishnaw said India is focusing on building a comprehensive semiconductor design ecosystem across key system categories, including compute, networking, power management, sensors and memory. He added that the next phase of the programme aims to support at least 50 Fabless companies, strengthen domestic tape-out facilities and develop advanced semiconductor capabilities in the coming years. Mr Vaishnaw further added that under the Design Linked Incentive scheme, 24 startups are currently part of the programme, far exceeding initial expectations. He said these startups have completed tape-outs, validated products, and accessed markets, supported by access to Electronic Design Automation (EDA) tools, intellectual property and fabrication-related assistance.
Reflecting growing confidence in the country’s design ecosystem, Mr Vaishnaw said that startups supported under the scheme have attracted nearlyattracted nearly four hundred and thirty crore rupees in venture capital funding, reflecting growing confidence in the country’s semiconductor ecosystem.
Furthermore, the Minister highlighted that by 2029, the nation would achieve the capability to design and manufacture chips required for nearly 70 to 75% of domestic applications. Building on this foundation, he said that the next phase under Semicon 2.0 will focus on advanced manufacturing, with a clearly defined roadmap to achieve 3-nanometre and 2-nanometre technology nodes. The Minister also announced that Deep Tech Awards will be instituted to recognise startups working in semiconductors and other deep-technology domains.
