Govt has taken measures to move India’s Techade forward: Minister

NEW Delhi : The government has taken a series of measures to restructure and diversify the innovation and technology ecosystem to realize the Techade goal of India as envisioned by Prime Minister Modi, Union Minister Rajeev Chandrasekhar said on Tuesday.

Speaking online at the 36th international conference on VLSI Design and the 22nd international conference on Embedded Systems in Hyderabad, the Minister said that a PLI plan for the IT sector, for hardware and machines Owner will be launched soon. “This program will provide additional incentives for manufacturers and original equipment manufacturers (OEMs) that will incorporate Indian-designed IP into their systems and products.”

Talking about the opportunities in the field of VLSI and embedded systems design, Chandrasekhar said that before 2014, India’s digital economy was limited to the technology services industry managed by a few companies. “By 2022, however, the digital and technology ecosystem has been significantly restructured and diversified, covering the full spectrum of innovation and technology.”

He added that India’s Techade is not only about the future of internet or towards consumer technology but also about Electronics and Semiconductors. “With increasing digitization around the world, the demand for products as well as talent is increasing. Supply chains are also being redesigned around the concepts of trust and innovation rather than being based on price and efficiency as was done before. These are exciting times for all the professionals connecting with these fields.”

The minister said India is working to develop global standards capabilities in the semiconductor design, manufacturing and packaging ecosystem. “By 2024, under Semicon India’s Design for the Future program, it is envisioned that local startups will collaborate with global experts and develop IPs and devices they co-operate with. own or possess.”

The International VLSI Design & Embedded Systems Conference is a leading global conference focused on the latest advancements in VLSI and Embedded Systems.

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