SME Times is powered by   
Search News
Just in:   • Indian rules mandate 'WhatsApp Web' to log out users every six hours  • S. Korea's exports rise 8.4 pc to $61 billion in Nov  • Sensex, Nifty open at record high over strong Q2 GDP growth  • Delayed Payments - Barrier To MSME Growth  • PM Modi arrives in Karnataka, to reach Udupi in Army special chopper 
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
» Indian rules mandate 'WhatsApp Web' to log out users every six hours
» Sensex, Nifty open at record high over strong Q2 GDP growth
» Gold, silver prices rise on strong demand
» Reliance Industries gets Rs 56.44 crore CGST penalty
» Sensex, Nifty turn positive after early losses ahead of key Q2 GDP data release
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
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter