Govt approves financial support for 23 companies to develop chipsets: MoS IT
The government has approved financial support for 23 companies to develop chipsets under the design-linked incentive scheme, Parliament was informed on Wednesday.
Minister of State for Electronics and IT, Jitin Prasada, in a written reply to Lok Sabha, said that 10 companies have raised venture capital (VC) funding for scaling up their design prototypes for commercialisation, and six companies have successfully taped out their prototype designs at advanced and mature technology nodes of various semiconductor foundries.
