# India expects 200 chip design firms from Semicon 2.0

> The government's Rs 1.27 lakh crore semiconductor scheme aims to transform India into a major chip design hub.
- Title: India expects 200 chip design firms from Semicon 2.0
- Summary: The government's Rs 1.27 lakh crore semiconductor scheme aims to transform India into a major chip design hub. India's Semicon 2.0 scheme is expected to…
- Keywords: semicon 2.0, ashwini vaishnaw, india, chip design companies, semiconductor scheme, eda tools, electronics manufacturing, semicon india 2026, venture capital funding, msmes, expects, 200
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/cons-products/electronics/govt-estimates-200-chip-design-companies-to-emerge-from-rs-1-27-lakh-cr-semicon-2-0-scheme/articleshow/134339620.cms
- Author: PTI
- Published: 2026-09-18T16:29:00+00:00
- Read time: 1 min
- Topics: semicon 2.0, ashwini vaishnaw, india, chip design companies, semiconductor scheme, eda tools, electronics manufacturing, semicon india 2026, venture capital funding, msmes
## 200 chip design firms expected
India's Rs 1.27 lakh crore Semicon 2.0 scheme is projected to create around 200 chip design companies, which the government calls a game changer.
## Building on IT industry strength
The country's design capability from its IT industry and global capability centers is now extending into the semiconductor sector.
## First phase supported 105 startups
Semicon 1.0 gave over 105 chip design startups access to expensive EDA tools, while 20 startups received venture capital funding.
## Global engineers joining the effort
The sector's progress has encouraged greater participation from larger companies and Indian-origin engineers working globally.
## Multiple countries backing expansion
Seven countries held roundtables at Semicon India 2026, with their governments supporting companies to expand work in India.

> The country roundtables are basically showing that companies from those countries can expand their work here.
## Japan and Singapore lead participation
Japan and Singapore brought 30-plus companies each to their pavilions, showing strong international interest in India's semiconductor push.
## Water concerns being addressed
Most semiconductor and data center companies will use closed-loop systems that recycle water throughout the thermal cycle rather than consuming large quantities.
## Key takeaway

India's Semicon 2.0 scheme is expected to create 200 chip design companies, building on IT industry strengths to develop semiconductor capabilities.