New Delhi, Sept. 10 -- In a major step to strengthen its semiconductor ecosystem, the Indian government is preparing to launch the upgraded Design-Led Incentive scheme, known asDLI 2.0.

The revised plan aims to boost domestic chip design and manufacturing by offering fiscal incentives and introducing mandatory sourcing rules for consumer electronics companies.

Under this framework, incentives will cover25 categories of products, including televisions, air conditioners, refrigerators, telecom gear, energy meters, and IoT devices.

The move is designed to make indigenous chipsets more cost-effective and ensure wider adoption in the Indian electronics market.

Industry experts have pointed out that while chip manufacturing plants are criti...