: Qualcomm, MeitY partner to support Indian semiconductor startups #FinanceIndia #StockMarketNEWS Qualcomm, MeitY partner to support Indian semiconductor startups New Delhi, April 30 (KNN) With an aim
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Qualcomm, MeitY partner to support Indian semiconductor startups #FinanceIndia #StockMarketNEWS
Qualcomm, MeitY partner to support Indian semiconductor startups New Delhi, April 30 (KNN) With an aim to empower homegrown semiconductor startups, chipmaker Qualcomm India will collaborate with the Ministry of Electronics and Information Technologys (MeitY) Centre for Development of Advanced Computing (C-DAC), said the official statement.
The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industrys 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, President of Qualcomm India, said in a statement.
Qualcomm India is committed to helping semiconductor design startups capitalize on Indias 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.
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.
It is also planning to work towards helping reduce risks in innovation, accelerate the pace of business development, and develop soft skills and knowledge base of Indian startups engaged in semiconductor design. (KNN Bureau)