Semiconductor chip scheme to bolster ‘Product Nation’ vision

CHENNAI: Tamil Nadu has stepped up efforts to position itself as a hub for semiconductor innovation, sanctioning a new design promotion scheme that offers subsidies and prototyping grants to fabless design firms. The initiative is part of the state’s broader ambition to create what officials have branded “Product Nation Tamil Nadu”.

The semiconductor design promotion scheme will be backed by new centres of excellence, to be established by TIDCO in partnership with private firms and universities.

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