📊Executive Summary

India's Design Linked Incentive (DLI) Scheme is yielding significant results in semiconductor design, with ten patents filed and six chips fabricated since its launch in December 2021. The initiative supports startups and MSMEs with financial incentives and access to advanced design tools, fostering a robust domestic semiconductor ecosystem. The DLI Scheme has facilitated 16 chip-design tape-outs and trained over 1,000 engineers, enhancing India's design talent pool. This progress is crucial for procurement teams as it indicates a growing local supply of semiconductor components, potentially reducing reliance on foreign suppliers and improving lead times in the future....