New Delhi: Indias semiconductor dream is now entering a new phase. The government has strengthened its goals under SemiCon 2.0 aiming to achieve a 5% share in global chip production by 2030. In 2021 India announced an incentive package of $10 billion (approximately Rs 83000 crore) to develop its semiconductor ecosystem. This fund has begun to be allocated and five projects related to chip fabrication OSAT and ATMP have been approved under this scheme. The governments goal is to attract global chip companies while also promoting domestic players. If everything goes according to plan significant opportunities could open up for investors in Indias semiconductor value chain. 1. IZMO is known for interactive marketing and visualization technology in the automotive sector but it is now also making its mark in semiconductor packaging. IZMOs subsidiary Izmo Microsystems provides 3D packaging and System-in-Package (SiP) solutions. Its 10+ global clients include the automotive aerospace and renewable energy sectors. The company is investing in semiconductor packaging. IZMO is also working on new products like AI EV software and virtual retailing. 2. MosChip Technologies is an important part of Indias semiconductor design ecosystem. With over 20 years of experience it specializes in ASIC SoC and VLSI design. It is taking advantage of the governments Design Linked Incentive (DLI) scheme. In July 2024 an order worth Rs 50000 crore was received from C-DAC to design an HPC chip based on 5-nanometer technology. In October 2024 it joined Renesas AI/ML design partner network. It is focusing on RISC-V architecture and HPC processor development. 3. Cyient with over 30 years of experience in engineering and technology solutions is now focusing on semiconductor design. Its new subsidiary Cyient Semiconductors is working on chip design and ASIC development. It works with 300+ global clients. In FY25 DET business revenue was $688 million. 4. HCL Technologies one of Indias top IT companies is now venturing into semiconductor design and testing. It recorded a growth of 5.5% in the ER&D (Engineering Research and Development) segment in FY25. Partnerships with companies like NVIDIA and Google. The companys revenue in FY25 was 13.84 billion dollars. 5. Tata Electronics a Tata Group company is constructing Indias first commercial semiconductor fabrication plant (Dholera Gujarat). This 91000 crore rupee project will produce 50000 wafers per month. Focus on OSAT (Assembly Testing) and foundry services. Plans for expansion with global partnerships.