May 1, 2022
2 mins read

India, Qualcomm team up for ‘chip’ startups

The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industry’s ongoing efforts to encourage innovation in the semiconductor space in India…reports Asian LIte News

With an aim to empower homegrown semiconductor startups, chipmaker Qualcomm India will collaborate with the Ministry of Electronics and Information Technology’s (MeitY) Centre for Development of Advanced Computing (C-DAC), a statement said on Friday.

The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industry’s ongoing efforts to encourage innovation in the semiconductor space in India.

“There is a huge opportunity for Indian semiconductor startups due to the incentives provided by the Government,” Rajen Vagadia, VP and President of Qualcomm India & SAARC, said in a statement.

“Qualcomm India is committed to helping semiconductor design startups capitalise on India’s design and engineering talent to drive innovations that will power the intelligent, connected future we foresee, not only for India but the world,” he added.

Qualcomm India plans to initiate and conduct the Qualcomm Semiconductor Mentorship Programme 2022 for select startups from the semiconductor space in India, with intent to provide and facilitate mentorship, technical training, and industry outreach.

Under this collaboration, C-DAC and Qualcomm India intend to work towards nurturing technical advancements and intellectual-property-driven innovation and product development required for semiconductor design in the Indian ecosystem.

ALSO READ: Pichai hails India’s digital payment growth

It is also planning to work towards help reduce risks in innovation, accelerate the pace of business development, and develop soft skills and knowledge base of Indian startups engaged in semiconductor design.

Qualcomm India will shortlist up to 10 Indian semiconductor startups. Each shortlisted startup will be paired with a Qualcomm India leader for mentorship on product planning and development. The startup and the mentor will meet periodically either in person or through online meetings.

“The semiconductor industry is crucial for the growth of many other industries. We encourage Indian startups to come forward and meet the current and projected domestic demand for semiconductors with the support of Government-led programmes such as aMake in India’ and the Design Linked Incentive (DLI) scheme,” said E. Magesh, Director-General C-DAC.

Previous Story

Tata’s ‘Avinya’ offers something more

Next Story

Pak fronts target pro-Indian US politicians

Latest from Business

India’s Clean Cooking Model Offers Global Solution

Mary Burce Warlick, Deputy Executive Director of IEA, underscored that India’s success offers crucial insights into addressing key challenges around affordability, access, and infrastructure India’s success in providing universal access to clean

Danube Unveils Convertible Apartments in Dubai

TIMEZ by Danube introduces a unique concept where studio apartments can be converted into 1-bedroom units, and 1-bedroom units into 2-bedroom configurations, providing adaptable solutions for growing families or changing lifestyles. Dubai-based
Go toTop

Don't Miss

India aims to be advanced but not at environment’s cost: Puri

India was the seventh most-affected country by climate change in

Duty-Free Cancer Drugs: Health Experts Hail Move

In her seventh budget speech, Finance Minister Nirmala Sitharaman on