Akshata Sharma
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India's semiconductor landscape is rapidly evolving having gained substantial momentum over the past decade. Let's take a look at 17 startups driving the nation's impending semiconductor boom
* In 2021, the Indian government sanctioned the Semicon India programme, allocating INR 76,000 Cr to provide incentive support to companies engaged in silicon semiconductor fabs, display fabs, compound semiconductors/sensors fabs, and semiconductor packaging and design.
* India has forged agreements with several global semiconductor manufacturing giants to establish manufacturing facilities in the country.
* With companies like Advanced Micro Devices, Micron Technology, and Qualcomm making investments in India, alongside the emergence of more venture capital-backed startups, the semiconductor industry in India is poised for further expansion.
* The Union Cabinet on February 29 approved the country's 1st semiconductor fab to be set up by the Tata Group in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp (PSMC).
India's bend towards growing its semiconductor ecosystem dates back to 1976 when the then Cabinet of India granted its assent to the formation of Semi-Conductor Laboratory in Mohali, Punjab.
Since then, we have come a long way in fostering India's semiconductor ambitions. And joining in this endeavour are the country's new-age tech startups
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