MeitY Invites Applications for Design Linked Incentive Scheme from Domestic Semiconductor Chip Design Firms in India!!! The Ministry of Electronics and Information (MeitY) of the nation inviting the applications from hundred domestic organizations, start-ups and MSMEs to construct the upgraded ecosystem for semiconductor chip design.
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Govt of India Planning Semiconductor Design-Linked Incentive Policy!!
The MeitY get those applications under its Design Linked Incentive -DLI policy. On the month of December this Design Linked Incentive scheme was announced by the Ministry of Electronics and Information of India.
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By this policy financial incentives and design infrastructure support will be increased to domestic companies, startups and MSMEs in different parts of development and deployment of semiconductor design for Integrated Circuits – ICs, Chipsets, System on Chips -SoCs, Systems and IP Cores and semiconductor linked design for the time of five years.
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Chip Design infrastructure support, Product Design Linked Incentive and Deployment Linked Incentive are the three components which were take place in the above mentioned scheme. By the Chip Design infrastructure support, C-DAC will setup the India Chip Centre to host the state-of-the-art design infrastructure and facilitate its access to supported organizations. From January 1, 2022 to December 31, 2024, the online application link will be available. The web portal will shortly be created for this online registration by the Ministry.
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