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India sets target of 200 domestic chip design firms under Semicon 2.0

The government is ramping up its semiconductor mission with more startup funding, local manufacturing, and international supply-chain pacts.

India has launched its Semicon 2.0 scheme with a target of building at least 200 domestic chip design companies. Five of the twelve semiconductor plants approved under the first phase of the national mission have already begun commercial production, while tens of thousands of design engineers have completed training.