Govt to expand Semiconductor DLI scheme to larger, foreign firms: MoS IT

The government will expand the design-linked incentive (DLI) scheme for semiconductor companies to include larger companies – both foreign and Indian, as suggested by the industry stakeholders, Rajeev Chandrasekhar, minister of state for electronics and IT informed on Saturday.

“We are envisaging that this programme will now expand to include larger companies as well. We are willing to look at suggestions that are being made where big fabless companies will design in India and have the intellectual property (IP) owned or co-owned in India either in partnership with startups in India or on their own, and be qualified for financial support under the DLI scheme,” Chandrasekhar said.