Thu Jul 24 14:35:05 UTC 2025: Okay, here’s a summary and a news article based on the provided text, focusing on the most important information:
**Summary:**
The Indian government’s Semicon India program is supporting the development of a semiconductor ecosystem in the country. As part of this, three Telangana-based companies (Green PMU Semi, WiSig Networks, and MosChip Technologies) have been approved for funding under the Design Linked Incentive (DLI) scheme. Furthermore, design infrastructure support has been approved for 11 companies in Telangana, and 22 institutes in the state are receiving support with design tools, while 6 receive financial support under the Chips to Start-up program. The program offers significant financial incentives for establishing semiconductor manufacturing and assembly facilities, as well as for chip design. Six semiconductor manufacturing projects with a cumulative investment of ₹1.55 lakh crore have already been approved under this nationwide initiative.
**News Article:**
**Telangana Firms Secure Funding Boost Under India’s Semiconductor Mission**
*Hyderabad, July 24, 2025* – Telangana is emerging as a key hub in India’s burgeoning semiconductor industry, with three companies from the state receiving approval for funding under the Central government’s Design Linked Incentive (DLI) scheme, a part of the ambitious Semicon India program. Green PMU Semi, WiSig Networks, and MosChip Technologies will benefit from fiscal support aimed at boosting innovation and design within the semiconductor sector.
The announcement came from Union Minister of State for Electronics and IT, Jitin Prasada, in response to parliamentary queries regarding the India Semiconductor Mission. Beyond the DLI scheme, 11 companies in Telangana have been approved for design infrastructure support. The state also sees 22 institutes receive support for design tools and six receive financial support under the Chips to Start-up program.
The Semicon India program, backed by an outlay of ₹76,000 crore, aims to create a sustainable semiconductor and display ecosystem within the country. It offers significant financial incentives, including covering 50% of project costs for establishing silicon CMOS-based semiconductor fabs and display fabs. Similar support is available for compound semiconductors, silicon photonics, sensors, assembly, testing, marking, and packaging (ATMP) facilities.
Moreover, the program incentivizes chip design with product design linked incentives up to 50% of eligible expenditure (capped at ₹15 crore per application) and deployment linked incentives of 6-4% of net sales turnover over five years (capped at ₹30 crore per application).
Minister Prasada confirmed that six semiconductor manufacturing projects, representing a cumulative investment of approximately ₹1.55 lakh crore, have already been approved under the program.
“This is a pan-India program, and companies are free to choose locations for their projects,” Minister Prasada stated. “Many states have aligned their semiconductor policies with the Semicon India Programme.” The investments in Telangana highlight the state’s growing importance in realizing India’s vision of becoming a global semiconductor manufacturing and design hub.
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