India, Aug. 22 -- The Government of India has sanctioned 23 chip-design projects under the Design Linked Incentive (DLI) Scheme as part of its effort to boost the country's semiconductor design capabilities. These projects, led by domestic startups and MSMEs, are receiving support to develop indigenous chips and System-on-chip (SOC) solutions for areas such as surveillance cameras, energy meters, microprocessor IPs, and networking applications. 72 companies have gained access to the industry-standard Electronic Design Automation (EDA) tools for their chip design projects.

Amongst these- Vervesemi Microelectronics, a fabless semiconductor company, today announced its upcoming portfolio of advanced integrated circuits (ICs) designed to acc...