Semicon Research Center Launches Digital India FutureLABS Initiative
The Union Minister for Electronics and Information Technology, Rajeev Chandrashekhar, revealed plans for the introduction of Digital India futureLABS and the establishment of an India Semiconductor Research Centre during the IESA Vision Summit in Bengaluru. These initiatives are among several upcoming announcements aimed at supporting the burgeoning semiconductor industry in the country, according to the minister.
According to the minister, the forthcoming research center will function as a focal point for semiconductor innovation across various domains, contributing to the advancement of future systems. “This program will be a collaboration and partnership involving Government labs, Indian startups, large enterprises and corporations in the electronics space. It will also include tier 1 suppliers & automotive industrial platforms, focusing on designing and innovating systems for the future", he explained regarding the Digital India futureLABS initiative.
The initiative aims to enhance the nation's domestic innovation and research ecosystem by fostering collaboration among startups, multinational corporations (MNCs), research and development (R&D) institutions, and academia. The primary goal is to create and advance systems, standards, and intellectual property (IP). The program will specifically target sectors such as automotive, mobility, computing, communications, electronics, and industrial Internet of Things (IoT).
“Over the past several years, the aim has been to catalyze innovation, support startups, and witness significant success, especially in the consumer internet space. We have witnessed a tremendous number of startups and unicorns, investments, and the creation of numerous opportunities, characterizing an innovative ecosystem", Chandrashekhar remarked.
