– The sudden increase in the demand for chips and semiconductor  components has underscored the need to establish a strong semiconductor  ecosystem in India. – dli Schemes such as reducing India’s high  dependence on certain nations or companies and establishing new  companies in this sector will help to meet demand and supply and  encourage innovation.

– dli The scheme aims to attract existing and global participants as  it will support their expenses related to design software, IP rights,  development, testing, and deployment. – It will partner with  domestic companies, start-ups, and MSMEs to develop semiconductor  designs. will promote. It will also help global investors to choose  India as their preferred investment destination.