The IISc-led proposal seeks a relatively modest ₹500 crore over five years to develop indigenous technology for next-generation semiconductors.

The project also includes a roadmap for self-sustainability after the initial funding phase.

India’s largest semiconductor project, on the other hand, involves ₹91,000 crore investment by Tata Electronics in partnership with Taiwan’s PSMC under the India Semiconductor Mission and is eligible for 50% capital support from the government.