Indian Govt. Announces Two Semiconductor Fabless Companies

- Advertisement -
- Advertisement -
  • During the Digital India FutureLABS Summit 2024, the government announced 20 MoUs

Minister of State for Electronics & IT, Skill Development and Entrepreneurship, and Jal Shakti, Rajeev Chandrasekhar has recently announced two futureDESIGN semiconductor fabless companies under the Semicon India Design Linked Incentive (DLI) scheme.

During the Digital India FutureLABS Summit 2024, the government announced 20 MoUs with Industry for implementation of the futureLABS in 6 verticals – Automotive, Compute, Communication, Strategic Electronics, Industrial Electronics/ IoT and Design & innovation.

Two Karnataka-based semiconductor fabless firms, selected for financial backing through the DLI Scheme, specialize in delivering chipsets and solutions tailored for communication and medical technology industries.

- Advertisement -

Parag Naik, founder, Saankhya Labs, said, “Saankhya Labs is a wireless communication and semiconductor solutions company, designing a full spectrum of next-gen communication solutions for the present and the future. This includes products and solutions for broadband, satellite and broadcast applications including 5G NR, Direct to Mobile (D2M) Broadcast, rural broadband connectivity, satellite communication modems for IoT applications and multi-standard DTV modulators and demodulators.”

Vijay Muktamath, founder, Sensesemi Technologies said, “As part of the DLI Scheme, Sensesemi will be developing the SoC for IoMT and IoT devices, that shall have MCU and wireless IP integrated with ultra-low power analog front end with AI inferencing IP. Sensesemi aims to drive India’s semiconductor capabilities by providing connected SoC for everything from smart wearables, med-tech sector and other connected devices.”

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

Global TV Shipments Decline By 3%, China Experiences Growth

0
In India, the 32” smart TV segment leads the market, although its share is declining. The share of larger screen sizes, particularly 55” and...

India’s Semiconductor Manufacturing Ambition Needs A Decadal Plan

0
Explore India’s surge in semiconductor imports, the pressing need for self-reliance, and the strategic pillars reshaping the nation’s technological destiny. Artificial intelligence (AI) refers to...
Sameer Aggarwal, Founder and CEO, RevFin

“We Have Maintained A Net NPA Rate Below 1%!”

0
Maintaining a low non-performing asset (NPA) rate is considered one of the key factors determining the success of an NBFC (non-banking financial company) operating...

Buzz

AG365-Marut Drones

Marut Drones and PJTSAU Receive Utility Patent For Direct Seeding Drone AG365

0
The AG365 serves multiple purposes including pesticide application, and can lead to a 92% reduction in water usage. Marut Drones, a leading Indian drone technology...

Marquardt & doubleSlash Debut Digital Key System

0
The system integrates hardware and software, adhering to Car Connectivity Consortium (CCC) standards. The innovative module offers secure, convenient vehicle access through smartphones. In collaboration...

SJVN’s Raghanesda Solar Power Station To Energise Gujarat

0
Backed by the Japan Bank for International Cooperation, this marks SJVN’s second solar venture to come online this month.  SJVN Limited has commissioned its 100...

Important Sectors

Electric 2-Wheelers Priced Under ₹100,000

0
Despite irregularities in FAME 2 compliance, electric two-wheelers have gained significant popularity in India and are being embraced enthusiastically by the urban population. However,...

Global TV Shipments Decline By 3%, China Experiences Growth

0
In India, the 32” smart TV segment leads the market, although its share is declining. The share of larger screen sizes, particularly 55” and...
AG365-Marut Drones

Marut Drones and PJTSAU Receive Utility Patent For Direct Seeding Drone AG365

0
The AG365 serves multiple purposes including pesticide application, and can lead to a 92% reduction in water usage. Marut Drones, a leading Indian drone technology...

Marquardt & doubleSlash Debut Digital Key System

0
The system integrates hardware and software, adhering to Car Connectivity Consortium (CCC) standards. The innovative module offers secure, convenient vehicle access through smartphones. In collaboration...

SJVN’s Raghanesda Solar Power Station To Energise Gujarat

0
Backed by the Japan Bank for International Cooperation, this marks SJVN’s second solar venture to come online this month.  SJVN Limited has commissioned its 100...

Manufacturing

Tata Picks Somerset For UK Battery Plant

0
The Bridgewater factory, operated by the subsidiary Agratas, will initially produce batteries for JLR and Tata Motors; with a capacity of 40GWh, it will...

India’s Semiconductor Manufacturing Ambition Needs A Decadal Plan

0
Explore India’s surge in semiconductor imports, the pressing need for self-reliance, and the strategic pillars reshaping the nation’s technological destiny. Artificial intelligence (AI) refers to...

India’s Battery Manufacturing Capacity To Hit 120 GWh By 2028: Official

0
The government has allocated 30GWh capacity to three companies under the PLI scheme for ACC battery manufacturing and is in the process of awarding...
GlobalFoundries and Qualcomm

Qualcomm Doubles Investment In India, Plans To Invest $1Bn

0
Qualcomm has the largest number of engineers working out of India, with nearly 17,000 of its global workforce of around 40,000 based in the...

Applied Ventures Funds VVDN Technologies

0
The investment demonstrates Applied Ventures' dedication to promoting innovation, collaboration, and entrepreneurship within the semiconductor and electronics manufacturing sectors. Applied Ventures, LLC, the venture capital...