Shri Rajeev Chandrasekhar interacts with startups at SemiconIndia, encourages and inspires them to be the next Unicorn
Semicon startups are truly catalyzing India’s electronics & semiconductor ecosystem. May this tribe increase. I am confident that the next Unicorn will be from this sector: Shri Rajeev Chandrasekhar
Shri Rajeev Chandrasekhar Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship visited the exhibition at the SemiconIndia conference and interacted with startups in the electronics manufacturing & semiconductor sector. SemiconIndia Conference, a 3-day conference, was inaugurated by Prime Minister Shri Narendra Modi on 29th April 2022.
Shri Rajeev Chandrasekhar liberally spent time with the tech entrepreneurs to understand their current offerings, their product roadmaps, applications and utilities of their technology and the on-ground impact their cutting-edge innovation is creating. In his interactions, he also urged them to share their thoughts on policy support, fiscal impetus, and other asks from the Government.
The Minister strongly affirmed the potential of Indian Startups to significantly boost the growth of India’s Digital Economy over the decade. Taking to his social media, the Minister tweeted “Semicon startups are truly catalyzing India’s electronics & semiconductor ecosystem. May this tribe increase. I am confident that the next Unicorn will be from here.”
Visiting the startups at the exhibition, the Minister takes account of current capabilities and innovation on display
The Startups were elated to meet the Chairman Steering Committee SemiconIndia 2022 & the Union Minister of State who has been a former chip designer in the Silicon Valley, USA, and a successful tech entrepreneur himself. The Startups felt encouraged and inspired by the Minister’s call for them to join the fast-expanding Unicorn Club.
Earlier in the day, Shri Rajeev Chandrasekhar also met Mr Raja Koduri, Chief Architect and Senior Vice President of Intel’s architecture, graphics and software (IAGS) division who delivered a talk on “From Angstroms to Zetta-scale: Silicon, Systems and Software in India”. The Minister Congratulated Mr Koduri for an excellent talk about the real potential in India in AI, System Design & middleware for Indian Startups. He also expressed optimism about intel partnering with Indian Startups in this area.
Reiterates that startup innovation will be the key driver of India’s fast-expanding Digital Economy
The exhibition boasts of several MSMEs and Startups working on cutting edge technology and semiconductor application in various segments. A few notable Indian players in the segment are:
- Signalchip – an Indian fabless semiconductor company that has built chipsets from the Baseband processing SoCs to Mixed-Signal Devices to RF front ends and has created “Agumbe”, India’s first chipset for 5G NR, 4G LTE and 3G WCDMA standards.
- Saankhya Labs – showcasing the latest semiconductor products and also 5G, Broadcast, and Satcom communication products.
- Tessolve – a leading engineering solution provider with 2500+ engineers worldwide and a full breadth of pre- & post-silicon expertise. Tessolve provides a one-stop solution with full-fledged hardware and software capabilities including advanced silicon & systems testing labs.
- MosChip – the first fabless semiconductor company, has developed many connectivity-based products that are fabricated at leading foundries and shipped in millions of units. MosChip has niche expertise in the areas of analog, mixed-signal design, high-speed serial interfaces, and IP portfolio which includes silicon-proven SerDes up to 16Gbps as licensable IPs.
- Infineon – designs, develops, manufactures, and markets a broad range of semiconductors and system solutions. The focus of its activities is on automotive and industrial electronics, communication, and information technologies, IoT, sensor technology and security.
In his interaction, the MoS reiterated total commitment to extend all support and work with the startups to build the Valley-like ecosystem domestically. He further reiterated the important and key role the startups will play to be the growth engine of the technology ecosystem in India.
Disclaimer : This is an official press release by PIB.
