Sector Specific Report – (IT & Electronics) November 2022

Recently to provide a major boost to India Semiconductor Mission (ISM), on 17th October 2022, the Ministry of Electronics & Information Technology started the first SemiconIndia Future Design Roadshow with the theme of ‘Catalyzing the Next-Generation Semiconductor Design Start-ups’ from Gujarat.

These events will help to energize the startups working in the area of Semiconductor Design and innovation to tap the incentive benefits under the Design Linked Scheme of ISMwhich was launched by the Government of India in 2021. The vision was to establish India as a Global Hub in the domain and emerge as a leader in the Semiconductor design and electronics manufacturing sectorby following four broad schemes to facilitate infrastructure growth for the industry and setting up the enabling specialized ecosystem: