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Tamil Nadu Unveils Semiconductor Mission 2030 to Build a Self-Reliant Chip Ecosystem

Tamil Nadu Unveils Semiconductor Mission 2030 to Build a Self-Reliant Chip Ecosystem

Chennai, August 19, 2025 – The Tamil Nadu government has announced its ambitious Semiconductor Mission 2030 (TNSM 2030), a ₹500-crore initiative designed to position the state as a hub for semiconductor innovation, design, and manufacturing. The scheme, formally unveiled this week, focuses on creating a self-sustaining semiconductor value chain by supporting fabless design firms, establishing Centres of Excellence (CoEs), and building small-scale fabrication capabilities. …

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Meet 21 Semiconductor Startups Powering India’s Technological Prowess

India’s semiconductor industry is experiencing rapid growth, fueled by government initiatives like the Semicon India programme and the Design Linked Incentive (DLI) scheme. With a projected $150 billion market opportunity by 2030, semiconductor startups are shaping the future of electronics, AI, IoT, and high-performance computing.   The Rise of India’s Semiconductor Ecosystem   Semicon India Programme: Launched with an INR …

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Mindgrove Technologies Secures $8 Million to Advance Secure IoT Chip Development and Expand Operations

Chennai-based fabless semiconductor design startup, Mindgrove Technologies, has successfully raised $8 million in its Series A funding round. The funding was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Whiteboard Capital, Nishchay Goel, and new investor Anshul Goel. The funding will enable Mindgrove to fast-track the commercial production of its flagship Secure IoT chip, …

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