GlobalFoundries announced at Semicon India 2025 that it will support companies under the DLI scheme by providing access to design kits, wafer fabrication, and engineering resources. The initiative is part of the company's India Foundry Connect program and aims to help Indian semiconductor companies accelerate their transition from design to manufacturing.
GlobalFoundries, a leading global semiconductor company, announced at Semicon India 2025 that it will extend support to companies approved under the Design Linked Incentive (DLI) scheme. This initiative is part of the company's India Foundry Connect program, which aims to help Indian semiconductor companies accelerate their transition from design to manufacturing [1].
Through this program, GlobalFoundries will provide approved firms with access to its process design kits (PDKs), multi-project wafer (MPW) fabrication, intellectual property (IP) resources, and engineering support. This move is expected to significantly bolster India's semiconductor ecosystem by facilitating the commercialization of indigenous chip designs [1].
The announcement comes at a time when India is positioning itself as a promising destination for semiconductor manufacturing and design. Prime Minister Narendra Modi recently pitched India as a leading global destination for semiconductor activities during a CEO roundtable at the India Semicon 2025 summit. The event highlighted India's growing semiconductor sector and its potential to attract significant investments [2].
The Indian semiconductor industry is expected to command a significant share of the $1 trillion global market in the coming years. The government's single-window clearance model and focus on R&D initiatives are key drivers of this growth. The India Semicon 2025 summit, which Modi inaugurated, saw presentations from various industry leaders and attracted delegates from 33 countries and over 50 CXOs [3].
The support from GlobalFoundries is part of a broader strategy to enhance India's semiconductor capabilities. The country currently has 10 semiconductor manufacturing and packaging units with a total committed investment of $18 billion. Additionally, a new $1 billion venture capital fund, the India Deeptech Alliance (IDTA), was launched during the summit to drive private investments across various technology sectors, including semiconductor [2].
References:
[1] https://www.business-standard.com/technology/tech-news/semicon-india-2025-globalfoundries-to-support-companies-under-dli-scheme-125090401518_1.html
[2] https://www.ainvest.com/news/india-emerges-promising-destination-semiconductor-manufacturing-2509/
[3] https://m.economictimes.com/industry/cons-products/electronics/semiconductor-india-missed-the-chip-bus-now-its-playing-catch-up/articleshow/123659143.cms
Comments
No comments yet