Newsletter
The IT ministry has cleared 23 chip design projects under its Design Linked Incentive scheme backing homegrown startups and MSMEs working on everything from surveillance cameras to energy meters.
What’s going on: to speed things up, 72 firms now get access to industry-grade EDA tools, the software backbone for chip design.
Vervesemi’s big bet: Bengaluru-based Vervesemi Microelectronics (fabless, founded 2017) is one of the chosen firms. Its roadmap include -
- Integrated Circuits (ICs) for weighing scales & smart meters, sampling by end-2025
- Brushless DC Motor (BLDC) motor controllers for fans & appliances by 2026
- Motor-control chips for EVs, drones, and industrial automation by 2026
- Data acquisition chips for aerospace & avionics by 2026
Big picture: this comes as the Centre pushes hard on semiconductors including 10 projects worth ₹1.6 trillion now approved across six states. Four new fabs have just been cleared including 2 in Odisha, 1 in Andhra Pradesh & 1 in Punjab.
Backers include SiCSem, CDIL, 3D Glass Solutions, and ASIP Tech, together investing nearly ₹4,600 crore and creating 2,000+ skilled jobs.
