India Semiconductor Mission (ISM) 2.0: What’s in it for Fabless Startups?

The government has set the stage for Phase II of the India Semiconductor Mission (ISM) with a projected $20 billion incentive package. A key highlight for the fabless community is the proposed expansion of the Design Linked Incentive (DLI) scheme, with funding expected to increase from ₹1,500 crore to ₹5,000 crore. This next phase prioritizes domestic IP creation, offering startups deeper fiscal support for prototyping and easier access to world-class EDA tools through the C2S (Chips to Startup) program.

Source: https://www.kotaksecurities.com/news/market-news/india-semiconductor-mission-2-0-fab-to-foundation/