SME Times is powered by   
Search News
Just in:   • Over 10 lakh standalone solar pumps installed, 13 lakh grid-connected pumps solarised  • India secures LPG, LNG supplies via alternative routes as domestic firms step up production  • Sensex, Nifty post moderate losses over Middle East conflict  • Oil nears $90 as Iran war jolts markets  • J&K govt amends building by-laws to boost ease of doing business 
Last updated: 26 Jan, 2024  

IT.9.Thmb.jpg Will soon launch Digital India futureLABS, Semiconductor Research Centre: MoS IT

IT.9.jpg
   Top Stories
» Sensex, Nifty post moderate losses over Middle East conflict
» J&K govt amends building by-laws to boost ease of doing business
» FTAs opening new markets for pharma, healthcare, and medtech sectors: Piyush Goyal
» India moving towards an innovation-driven economy: PM Modi
» Middle East tensions to shape Indian stock market sentiments this week
IANS | 25 Jan, 2024
The Union Government on Thursday announced its plans to launch ‘Digital India futureLABS’ and establish the India Semiconductor Research Centre.

The ‘Digital India futureLABS’ will enable partnerships between the government, startups and large enterprises in the electronics space, said Minister of State for Electronics and IT, Rajeev Chandrasekhar.

Addressing the ‘IESA Vision Summit 2024', the minister highlighted the vision of the Narendra Modi Government in the electronics manufacturing ecosystem.

“We will establish the India Semiconductor Research Centre shortly, which will serve as a hub for semiconductor innovation spanning all spectrums that will drive future systems,” Chandrasekhar informed.

The ‘Digital India futureLABS’ programme will also include tier 1 suppliers and automotive industrial platforms, focusing on designing and innovating systems for the future, he added.

The ‘Digital India futureLABS’ initiative aims to boost India's electronics and IT sector by establishing a research and innovation framework, promoting leadership in standards, IPs, systems, and platforms.

It focuses on strengthening the domestic innovation ecosystem through collaboration, driving sustainable growth, and fostering technological progress.

The programme, with C-DAC as the nodal agency, will concentrate on sectors like automotive, mobility, compute, communication, strategic electronics, and industrial IoT.

It will facilitate collaboration between startups, MNCs, R&D institutions, and academia to jointly develop systems, standards, and IP cores.

“Over the past several years, the aim has been to catalyse 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, characterising an innovative ecosystem,” said the minister.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter