Fabless startups in India are playing a crucial role in building a robust supply chain for the country’s burgeoning domestic automobile and electronics industries, amid global semiconductor giants making headlines.
Companies like Incore Semiconductors are developing in-house intellectual properties (IPs) to fuel this supply chain. These startups design systems on chips (SoCs), which are then outsourced for manufacturing to foundry partners outside India.
Despite the highly complex nature of the semiconductor industry’s supply chain, startups are focusing on chip design, given the significant value they add to the overall chain.
With the domestic demand for electronic components rising, particularly in sectors like automobiles, startups are venturing into high-volume, low-margin industries such as IoT, energy meters, toy controllers, and embedded systems.
They aim to meet the increasing computational demands of modern workloads while addressing the limitations imposed by Moore’s law.
Additionally, Indian startups are shifting from being mere service providers to global chip designers, with support from venture capitalists (VCs) and government initiatives like the Design Linked Incentive (DLI) Scheme.
However, challenges remain, including attracting skilled talent and securing funding amidst competition from semiconductor giants.
Despite these obstacles, India’s fabless startups are poised to make significant contributions to the country’s semiconductor ecosystem. For more details, refer to the original article below.
