Design-Linked Incentive Scheme:
Since announcement, the Design-Linked Incentive scheme (DLI) scheme has approved only seven start-ups, markedly short of its target of supporting 100 over five years.
- Design-Linked Incentive scheme aims to offer financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design(s) for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design(s) over a period of 5 years.
- Objectives is Nurturing and facilitating the growth of domestic companies, startups and MSMEs.
- Achieving significant indigenization in semiconductor content and IPs involved in the electronic products deployed in the country, thereby facilitating import substitution and value addition in the electronics sector.
- Strengthening and facilitating access to semiconductor design infrastructure for the startups and MSMEs.
- The scheme shall initially be for three (3) years from 01-01-2022.