Centre Invites Applications For Rs 76,000 Chip DLI Scheme

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The DLI scheme aims to nurture at least 20 domestic companies involved in semiconductor design and facilitate them to achieve turnover of more than Rs 1500 crore in the next five years

A month after approving the Rs 76,000 crore design-linked incentive scheme for manufacturing semiconductors in India, the Ministry of Electronics and Information Technology (MeitY) has begun inviting applications from 100 domestic companies, start-ups and MSMEs to reap the benefits of the same.

The scheme will provide financial incentives and design infrastructure support to companies across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems and IP Cores and semiconductor linked design for over a period of five years.

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The DLI scheme aims to nurture at least 20 domestic companies involved in semiconductor design and facilitate them to achieve a turnover of more than Rs 1500 crore in the next five years.

The ministry said in a statement that the C-DAC (Centre for Development of Advanced Computing) will serve as the nodal agency for the implementation of the DLI scheme.

Incentives For All

The scheme has three components – Chip Design infrastructure support, Product Design Linked Incentive and Deployment Linked Incentive.

Under the Chip Design infrastructure support, C-DAC will setup the India Chip Centre to host the state-of-the-art design infrastructure (viz. EDA Tools, IP Cores and support for MPW (Multi Project Wafer fabrication) & post-silicon validation) and facilitate its access to supported companies.

Under the Product Design Linked Incentive component, a reimbursement of up to 50 percent of the eligible expenditure subject to a ceiling of Rs 15 Crore per application will be provided as fiscal support to the approved applicants who are engaged in semiconductor design.

Under the Deployment Linked Incentive component, an incentive of 6 percent to 4 percent of net sales turnover over 5 years subject to a ceiling of Rs 30 Crore per application will be provided to approved applicants whose semiconductor design and semiconductor linked design are deployed in electronic products.

The approved applicants that claim incentives under the scheme will be encouraged to retain their domestic status (i.e., more than 50 percent of the capital in it is beneficially owned by resident Indian citizens and/ or Indian companies, which are ultimately owned and controlled by resident Indian citizens) for a period of three years after claiming incentives under the scheme.

An applicant must meet the Threshold and Ceiling Limits to be eligible for disbursement of incentives under the Scheme.

A dedicated portal has been made available – www.chips-dli.gov.in – for inviting Online applications from January 1, 2022 to December 31, 2024.

The applicants can find the guidelines of the DLI Scheme on the portal and register themselves for availing support under the scheme.

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