• The Electronics Development Fund (EDF) is an initiative by the Government of India, launched primarily to promote innovation, research and development (R&D), and entrepreneurship in the sectors of electronics, nano-electronics, and information technology.
• Instituted under the Ministry of Electronics and Information Technology (MeitY), it was formally launched on February 15, 2016, as a key part of India's Digital India and Make in India programs.
• EDF functions as a "Fund of Funds," meaning it does not invest directly in startups but supports professionally managed daughter funds (venture capital funds, angel funds)that provide risk capital to startups and early-stage companies engaged in advanced technology development, product design, and intellectual property creation within electronics and IT domains.
• The fund's goal is to build a self-sustaining electronics ecosystem in India, reduce import dependency, and position the country as a global hub for electronics design, manufacturing, and innovation.

• Promote innovation and research & development (R&D) in electronics, nano-electronics, and information technology by supporting market-driven and industry-led innovation.
• Support professionally managed Daughter Funds such as early-stage angel and venture funds that provide risk capital to startups and companies developing new technologies.
• Encourage product and technology development by nurturing entrepreneurship and supporting companies involved in creating new products, processes, and technologies within India.
• Strengthen India's domestic design capabilities in the Electronics System Design and Manufacturing (ESDM) sector to enhance indigenous innovation and reduce import dependence.
• Build a national intellectual property resource pool by generating strong ownership of innovation within the country.
• Facilitate strategic acquisitions of foreign technologies and companies, especially where products are currently imported in large volumes, to promote self-reliance.
• Support the growth of startups and early-stage companies in high technology sectors such as semiconductors, embedded systems, IoT, AI, robotics, nanotechnology, and renewable energy.
• Foster entrepreneurship, private investment, and job creation in deep-tech and high-technology areas.
• Reduce import dependency and strengthen India's position in the global electronics value chain by nurturing a self-sustaining ecosystem.

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