Qualcomm partners with MeitY to support Indian semiconductor startups

The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industry's efforts to encourage innovation in the semiconductor space in India

PGurus Newsdesk

April 30, 2022

The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industry's efforts to encourage innovation in the semiconductor space in India

Qualcomm India partners with MeiTY’s C-DAC to support Indian chipset startups

Qualcomm India Private Limited, a subsidiary of the US semiconductor giant Qualcomm, plans to initiate and conduct the Qualcomm Semiconductor Mentorship Program (QSMP) 2022 for select startups from the semiconductor space in India, with an intent to provide and facilitate mentorship, technical training, and industry outreach, an official release said on Tuesday.

Chipmaker Qualcomm India’s collaboration with the Ministry of Electronics and Information Technology’s (MeitY) Centre for Development of Advanced Computing (C-DAC) aims to empower homegrown semiconductor startups. The collaboration will support a group of promising semiconductor design startups, as a part of the government and the industry’s ongoing efforts to encourage innovation in the semiconductor space in India.

The partnership also aims to create platforms and forums that provide opportunities to work with high-growth-potential small businesses and startups who have potentially disruptive technologies that could develop or reshape semiconductor supply chains in the future.

Qualcomm India will shortlist up to 10 Indian semiconductor startups. Each shortlisted startup will be paired with a Qualcomm India leader for mentorship on product planning and development. The startup and the mentor will meet periodically either in person or through online meetings.

“The semiconductor supply chain has underlined the demand to find domestic solutions for the needs across industries. Semiconductors are an essential building block for most technology platforms and connected devices There is a huge opportunity for Indian semiconductor startups due to the incentives provided by the Government,” said Rajen Vagadia, VP and president of Qualcomm India & SAARC.

“Qualcomm India is committed to helping semiconductor design startups capitalize on India’s 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.

“The semiconductor industry is crucial for the growth of many other industries. We encourage Indian startups to come forward and meet the current and projected domestic demand for semiconductors with the support of Government-led programs such as ‘Make in India’ and the Design Linked Incentive (DLI) scheme,” said E. Magesh, Director-General C-DAC.

“The prevailing global and domestic environments present opportunities for both established companies and startups. The joint initiative with Qualcomm India will enable us to identify, interact with, and support the scale-up of the most promising Indian semiconductor startups,” Magesh added.

[With Inputs from IANS]

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