Startups and VCs call for ecosystem for growth of semiconductor industry

Startups and venture capital firms emphasise the need for a strong ecosystem to accelerate the growth of India's semiconductor industry, fostering both domestic and global competitiveness

CEOs and founders of several startups and venture capital (VC) firms on Thursday appealed to the government to build a strong and supportive ecosystem to accelerate the growth of the semiconductor industry in the country.

 

Speaking at ‘Semicon India 2025’ on Thursday, many highlighted how building such an ecosystem would not only strengthen the domestic semiconductor landscape but also position the country as a competitive player in the global market.

 

Vrinda Kapoor, founder and chief executive officer (CEO) of 3rdiTech (pronounced third-eye tech), a semiconductor company, said, “One challenge that we have as we go up against an economy like