Blitz Bureau
NEW DELHI: The Central Government has sanctioned 23 chip-design projects under the design-linked incentive (DLI) Scheme as part of its effort to boost the country’s semiconductor design capabilities, the Ministry of Electronics and IT said in a statement on August 22. As per the Ministry, these projects, led by domestic startups and MSMEs, are receiving support to develop indigenous chips and System-on-chip (SOC) solutions for areas such as surveillance cameras, energy meters, microprocessor IPs, and networking applications.
A total of 72 companies have gained access to the industry-standard Electronic Design Automation (EDA) tools for their chip design projects, the statement said. Amongst these, Vervesemi Microelectronics, a fabless semiconductor company, announced its upcoming portfolio of advanced integrated circuits (ICs) designed to accelerate India’s semiconductor self-reliance and drive global innovation.
Founded in 2017, Vervesemi is among the first Indian companies to export semiconductor intellectual property (IPs) globally, with its proprietary machine learning-powered analogue chain IPs embedded in products of leading international manufacturers.
Amongst the first cohort of the companies approved under the Government’s DLI Scheme and also approved under the Chips to Startup (C2S) programme, Vervesemi is committed to developing designed-in-India chips that strengthen self-sustenance and foster innovation, the ministry stated.
