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Key Points

Ashwini Vaishnaw praised India's semiconductor advancements, stressing the importance of indigenous chip IP. He cited Mindgrove Technologies as a success story under the Design Linked Incentives scheme. The startup is developing secure IoT chips for global markets. This push aligns with India's goal to become a self-reliant "product nation."

Key Points: Ashwini Vaishnaw Hails India's Chip-Making Push as Key to Product Nation

  • Vaishnaw emphasizes indigenous chip IP as vital for India's semiconductor mission
  • Mindgrove Technologies designs secure IoT chips with DLI scheme backing
  • IIT-M incubated startup advances strategic and commercial chip solutions
  • India's DLI scheme supports startups with Rs 15 crore for innovation
2 min read

Bharat steps up efforts to be a product nation: Ashwini Vaishnaw hails India's chip-making strides

Union Minister Ashwini Vaishnaw highlights India's semiconductor progress, citing Mindgrove's IoT chips and DLI scheme support for startups.

"Bharat steps up efforts to be a product nation. Chipsets with our own IP is an important objective in this journey. - Ashwini Vaishnaw"

New Delhi, August 18

India's push to build its own semiconductor ecosystem received fresh endorsement after Union Minister for Electronics and Information Technology Ashwini Vaishnaw lauded the progress in chip manufacturing, calling it a crucial step toward becoming a "product nation".

Minister Vaishnaw wrote on X, citing a media report, that "chipsets with our own IP is an important objective in this journey," highlighting the government's semiconductor mission and the Design Linked Incentives (DLI) scheme aimed at supporting startups in chip design.

In the post on X, Minister Vaishnaw on Monday said India is strengthening efforts to become a "product nation," highlighting that chipsets with indigenous intellectual property are a vital objective in this journey.

"Bharat steps up efforts to be a product nation. Chipsets with our own IP is an important objective in this journey. Our semiconductor mission has a component - Design Linked Incentives (DLI) - to encourage startups who innovate and design chips. Supported by DLI Scheme and IIT-M expertise, Mindgrove Technologies has designed secure IoT chips," the minister posted.

He pointed to IIT-M incubated Mindgrove Technologies as an example of how innovation and policy support are combining to create secure IoT chips for strategic and commercial applications. Founded in 2021, Mindgrove designs innovative SoCs and hardware in India for the global market. The chips are designed for devices such as CCTV cameras, industrial applications under Industry 4.0, and other Internet of Things (IoT) products.

Mindgrove Technologies, a fabless semiconductor start-up, recently confirmed that it has placed its first mass manufacturing order for secure IoT chips with its foundry partner, as per the media report cited by the minister.

In September last year, Mindgrove received approval under the DLI scheme, amounting to Rs 15 crore, to develop its second product line - the Vision SoC, the same media report said.

- ANI

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Reader Comments

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Sarah B
As someone working in tech, I'm cautiously optimistic. Chip design is complex and capital-intensive. Hope the government sustains this support beyond initial announcements. We need at least 5-10 years of consistent policy to compete with Taiwan/South Korea.
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Priya S
So proud of IIT-M's contribution! Our educational institutions must lead such strategic initiatives. The Vision SoC sounds promising for smart city projects. When will we see these chips in actual products though? 🤔
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Arjun K
Good step but we're still dependent on foreign foundries for manufacturing. Until we have our own fabs, we're only halfway there. Hope the semiconductor plant proposals in Gujarat and Karnataka materialize soon.
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Michael C
Interesting development! The IoT focus makes sense given India's digital infrastructure push. If Mindgrove can deliver quality at competitive prices, they could capture a good share of the domestic market first before going global.
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Kavya N
₹15 crore seems small for chip development? Hope there's more funding in pipeline. Also, we need to train more VLSI engineers - colleges should update their syllabus to match industry needs. #MakeInIndia

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