New Delhi: With an purpose to empower homegrown semiconductor startups, chipmaker Qualcomm India will collaborate with the Ministry of Electronics and Data Know-how’s (MeitY) Centre for Growth of Superior Computing (C-DAC), a press release mentioned on Friday.
The collaboration will help a gaggle of promising semiconductor design startups, as part of the federal government and the business’s ongoing efforts to encourage innovation within the semiconductor house in India.
“There’s a big alternative for Indian semiconductor startups as a result of incentives offered by the Authorities,” Rajen Vagadia, VP and President of Qualcomm India & SAARC, mentioned in a press release.
“Qualcomm India is dedicated to serving to semiconductor design startups capitalise on India’s design and engineering expertise to drive improvements that may energy the clever, related future we foresee, not just for India however the world,” he added.
Qualcomm India plans to provoke and conduct the Qualcomm Semiconductor Mentorship Programme 2022 for choose startups from the semiconductor house in India, with intent to offer and facilitate mentorship, technical coaching, and business outreach.
Beneath this collaboration, C-DAC and Qualcomm India intend to work in the direction of nurturing technical developments and intellectual-property-driven innovation and product growth required for semiconductor design within the Indian ecosystem.
Additionally it is planning to work in the direction of assist cut back dangers in innovation, speed up the tempo of enterprise growth, and develop smooth abilities and information base of Indian startups engaged in semiconductor design.
Qualcomm India will shortlist as much as 10 Indian semiconductor startups. Every shortlisted startup can be paired with a Qualcomm India chief for mentorship on product planning and growth. The startup and the mentor will meet periodically both in particular person or via on-line conferences.
“The semiconductor business is essential for the expansion of many different industries. We encourage Indian startups to come back ahead and meet the present and projected home demand for semiconductors with the help of Authorities-led programmes reminiscent of aMake in India’ and the Design Linked Incentive (DLI) scheme,” mentioned E. Magesh, Director-Basic C-DAC.