logo
Eight chipsets designed by IIT students sent to fabs: IT Minister Vaishnaw

Eight chipsets designed by IIT students sent to fabs: IT Minister Vaishnaw

Economic Times20-07-2025
TIL Creatives Students at Indian Institutes of Technology (IITs) have designed 20 chipsets and eight of them have already been 'taped out' and sent to global foundries and the Semi-Conductor Laboratory in Mohali for fabrication, electronics and IT minister Ashwini Vaishnaw said on Saturday.Speaking at the 14th convocation ceremony of IIT-Hyderabad, Vaishnaw also reiterated that the first commercial-scale, made in India semiconductor chip will be built this year.
IIT students designed the chipsets using tools provided under the government's India Semiconductor Mission. A chip is a single piece of semiconductor material, typically silicon, onto which an electronic circuit is etched while a chipset is a group of interconnected chips designed to work together to manage and direct the flow of data between the processor, memory, storage, and other peripherals in a computing device. Taping out means completion of the design process before sending to a manufacturing facility or foundry for fabrication.
As of July 2025, India has six semiconductor fabrication plants (fabs) approved or under development. Founded in 1976, the government-owned Semi-Conductor Laboratory remains operational but only at legacy technology nodes. "The way we are going into the building of capital equipment and materials needed to build semiconductors, India will become one of the top-5 semiconductor nations in the coming years," Vaishnaw said.He credited the spurt in semiconductor research to the government providing the latest electronic design automation tools (EDA) to 270 colleges and 70 startups. As many as 700 students at IIT-Hyderabad used these tools for a cumulative 300,000 hours over the past six months, the minister said.He said the Centre's open-source artificial intelligence resources platform, AIKosh, now has 880 data sets and 200-plus models available.India's electronics exports have topped $40 billion, marking an eight-fold increase over the last 11 years. "In just 11 years, we have increased our electronics production six times. That's a CAGR double digit, which any corporate would be envious of,' he said. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. What's keeping real retail investors out of the Nvidia rally
If data is the new oil, are data centres the smokestacks of the digital age?
The hybrid vs. EV rivalry: Why Maruti and Mahindra pull in different directions. What's best?
Instagram and YouTube make billions off creators. Should they pay up for their mental health?
Trent trips on the ramp. Is it still worth the splurge or time to change brands?
Best way to deal with volatility, just ' Hold' for wealth creation: 7 large-cap stocks with an upside potential of up to 41%
Stock picks of the week: 5 stocks with consistent score improvement with an upside potential of 16 to 38% in 1 year
Headwinds, yes, but long-term story intact. 7 stocks from the engineering sector with upside potential from 21 to 42%
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ET Soonicorns Sundowner 2025: How healthcare and HRTech are quietly powering Hyderabad's startup ascent
ET Soonicorns Sundowner 2025: How healthcare and HRTech are quietly powering Hyderabad's startup ascent

Time of India

time4 hours ago

  • Time of India

ET Soonicorns Sundowner 2025: How healthcare and HRTech are quietly powering Hyderabad's startup ascent

Academy Empower your mind, elevate your skills Healthcare Booking Platforms have demonstrated remarkable capital efficiency, raising a massive $335.7 million across just 20 funding rounds from 58 unique investors. This translates to an average funding of $16.8 million per round, a testament to the high conviction investors have in the scalability and market potential of health-tech solutions emerging from the region. Companies are innovating in areas such as telemedicine, online diagnostics, and at-home healthcare services, addressing critical gaps in the healthcare landscape. Similarly, the HRTech sector has been a hotbed of activity, securing $311.7 million from 43 investors across 40 rounds. The sector is not only attracting significant capital, including a mega-round, but is also witnessing a phenomenal entrepreneurial boom, with 155 new companies founded during the period. This indicates an intense focus on creating innovative solutions for modern workforce management, from recruitment and payroll to employee engagement and upskilling. Hyderabad-based startup Darwinbox has already achieved unicorn status, paving the way for others in this space. While the titans of Bengaluru and Mumbai have long dominated India's startup narrative, a powerful new current of innovation is surging from the heart of Telangana. In a surprising twist, it's not the usual suspects of e-commerce or fintech leading the charge. Instead, the Healthcare Bookings and HRTech sectors have emerged as the unexpected engines driving capital, innovation, and immense growth in the Hyderabad cluster, signalling a major shift in India's technology month, the city's dynamic startup ecosystem is set for its most definitive pulse check yet. On July 31, 2025, The Economic Times, in collaboration with leading data intelligence platform Tracxn, will unveil the much-anticipated 'ET Top Soonicorns and Minicorns X Top Sectors AP-Telangana 2025' report at the inaugural ET Soonicorns Sundowner in Hyderabad. To be formally launched by Jayesh Ranjan, IAS, Special Chief Secretary, Government of Telangana, the report signals the start of a new city-focused spin-off from the ET Soonicorns Summit , India's largest congregation for soonicorns or startups valued at or near $1 numbers speak for themselves. Between January 2020 and May 2025, the twin states of Andhra Pradesh and Telangana saw a flurry of startup activity, but Hyderabad emerged as the undisputed epicentre. The city alone accounted for over 2,500 new startups and attracted a staggering $2.1 billion in funding. This represents an astonishing 99.7% of the total startup capital invested in the entire region, cementing Hyderabad's status as a complete and self-sustaining startup surge has transformed the city into a magnet for talent and investment, fostering a vibrant landscape that spans from early-stage seed ventures to scalable 'soonicorns' and 'minicorns' or startups valued between $100 million and $500 million. This growth hasn't gone unnoticed, with Hyderabad now ranking among the top startup hotspots in Asia The forthcoming 'ET Top Soonicorns and Minicorns' report, which analyzes over 1500 companies, reveals a compelling story about where the smart money is flowing. The analysis classifies sectors into priority tiers, with 'P0' representing the top 10 sectors with the highest number of active investors—a clear signal of broad market at the pinnacle of the P0 category are Healthcare Booking Platforms and HRTech. Together, these two sectors have attracted over $640 million in combined funding, drawing significant interest from a diverse range of are some key insights:Beyond the top two: A diversified and thriving ecosystemWhile Healthcare and HRTech command the lead, the report highlights a robust and diversified ecosystem. The EdTech sector, particularly K-12 EdTech and Continued Learning, has seen the birth of over 370 new companies. Though the total funding is more moderate, the sheer volume of new ventures and investor interest points to a highly competitive and innovative early-stage E-commerce and logistics verticals also feature prominently in the P0 list. Online Grocery and Logistics Tech have attracted significant investor attention, reflecting the region's strengths in consumer-facing and supply chain MarketingTech stands out for having produced the highest number of minicorns at four among the P0 sectors, signaling a healthy pipeline of companies poised for significant report also identifies 'P1' sectors, characterised by high total funding from a more concentrated group of investors. These include high-growth frontiers such as Electric Vehicles (EVs), Beauty Tech, and Alternative Lending, which are attracting substantial capital and producing a new generation of promising ET Soonicorns Sundowner: Where data meets dialogueThe evening of July 31st promises to be a confluence of the sharpest minds in the region, bringing together founders, investors, and policymakers for insightful discussions, storytelling-led sessions, and exclusive networking data and insights from the upcoming 'ET Top Soonicorns and Minicorns' report, in collaboration with Tracxn, to be launched at the ET Soonicorns Sundowner Hyderabad, will provide the first truly definitive look into the mechanics of this silent revolution. As the spotlight shifts to Hyderabad, one thing is clear: the city is not just building startups; it is building the future, one innovative solution at a time. The nation will be watching closely as this southern powerhouse takes its well-deserved place on the main stage of India's startup-innovation new ET Soonicorns Sundowner 2025 series aims to cast a spotlight on the nation's undercelebrated innovation corridors, with Hyderabad rightfully claiming the inaugural in its fourth year, the ET Soonicorns Summit 2025 is scheduled to take place on 22 August.360 One is the presenting partner of the ET Soonicorns Summit 2025 (This article is generated and published by the ET Spotlight team. You can get in touch with them at etspotlight@ .)

PM Internship Scheme 2025: Who can apply, how to register, and what students will earn
PM Internship Scheme 2025: Who can apply, how to register, and what students will earn

Time of India

time4 hours ago

  • Time of India

PM Internship Scheme 2025: Who can apply, how to register, and what students will earn

The Ministry of Corporate Affairs (MCA) is expected to open the registration window for Prime Minister's Internship Scheme 2025 Round 2 soon. Students and graduates seeking hands-on work experience can apply for the internship programmes once the registration starts at Tired of too many ads? go ad free now This nationwide initiative is designed to offer real-world internship experiences to students and recent graduates across India. This internship scheme gives eligible youth the chance to work with leading companies and gain exposure across more than 20 sectors, with a monthly stipend of ₹5,000. PM Internship Scheme 2025 : Who can apply? Students and graduates aged 21 to 24 years who are not currently enrolled in full-time education or employment are eligible to apply. You must have at least completed: Class 10 (secondary school) Class 12 (higher secondary) Or hold a degree or diploma such as Bachelor of Arts (BA), Bachelor of Commerce ( Bachelor of Science ( Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Bachelor of Pharmacy ( etc. PM Internship Scheme 2025: Steps to register Follow these steps to complete your registration for the PM Internship Scheme 2025: Visit the official website: Click on the 'Register' link on the homepage. Fill in your personal and academic details and submit. The portal will generate a resume automatically based on your inputs. Choose up to 5 internships based on your preferences such as location, sector and qualification. Submit the application and download the confirmation page. Keep a printed copy for future reference. PM Internship Scheme 2025: Who is not eligible? You cannot apply if: You are under 21 or over 24 years of age as of the final application date. You are currently studying or working full-time. You have a degree from Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), Indian Institutes of Information Technology (IIITs), National Law Universities (NLUs), National Institutes of Design (NIDs), Indian Institutes of Science Education and Research (IISERs) or similar institutions. You hold a higher qualification such as Master of Business Administration (MBA), Chartered Accountant (CA), Company Secretary (CS), Cost and Management Accountant (CMA), Bachelor of Medicine and Bachelor of Surgery (MBBS), Bachelor of Dental Surgery (BDS), Doctor of Philosophy (PhD), or any master's degree. You are already part of another internship, apprenticeship or training programme under any central or state government scheme. You have previously completed an internship under the National Apprenticeship Training Scheme (NATS) or National Apprenticeship Promotion Scheme (NAPS). The annual income of any family member (yourself, parents or spouse) exceeds ₹8 lakh for FY 2023-24. Any family member (yourself, parents or spouse) is a permanent or regular government employee. Contractual workers are excluded from this restriction. You are an international applicant. PM Internship Scheme 2025: Where can you intern? Once registered, eligible students can apply for internships in multiple sectors, including: IT and Software Banking and Finance Oil, Gas and Energy Metals and Mining FMCG Telecom Infrastructure and Construction Retail and Consumer Durables Cement and Building Materials Automotive Pharmaceutical Defence and Aviation Media, Entertainment and Education Agriculture and Allied Services Textiles Hospitality Consulting Healthcare Gems and Jewellery Chemicals Manufacturing and Industrial Top companies participating in the scheme include Reliance Industries, Tata Consultancy Services (TCS), Hindustan Unilever, ITC, and The Times Group. PM Internship Scheme 2025: Required documents To complete your application, you will need to upload: Aadhaar Card Final examination certificate or marksheet of your latest academic qualification You can edit most of your application details, except for those auto-filled from your Aadhaar card. Internship duration and stipend Here's what you need to know about the internship duration and how the stipend is structured: Duration: 1 year Stipend: ₹5,000 per month. ₹500 is paid by the company based on attendance and ₹4,500 is transferred by the government to your Aadhaar-linked bank account through Direct Benefit Transfer (DBT). PM Internship Scheme 2025: Inside Round 1 According to data shared in Parliament by Union Finance Minister Nirmala Sitharaman: Over 6.21 lakh applications were received from 1.81 lakh candidates More than 82,000 offers were made to 60,000+ candidates Only 28,000 candidates accepted internship offers Just over 8,700 students joined, marking a join rate of 6%, despite an offer acceptance rate of 33% Additional information • Interns will be evaluated quarterly. Feedback will be available in the 'Quarterly Progress Report Feedback' section of the portal. Reviews are conducted by the company's HR team and your reporting supervisor. High-performing interns may receive awards or recognition from the Ministry. • If you exit the internship before completing the one-year period, you will be barred from applying for any other internship under the scheme for one year from your original joining date. However, candidates who dropped out earlier can reapply after a one-year gap. Tired of too many ads? go ad free now • The PM Internship Scheme does not guarantee a job after completion. Any employment opportunity will depend on the company's internal policies and your performance as an intern. If you have any questions or concerns, you can use the "File a Grievance" feature available on the official internship portal. Alternatively, you can contact the Ministry of Corporate Affairs by calling 1800 11 6090. TOI Education is on WhatsApp now. Follow us .

Knowledge Nugget: India's quest for the first hydrogen-powered train — A must-know for the UPSC exam
Knowledge Nugget: India's quest for the first hydrogen-powered train — A must-know for the UPSC exam

Indian Express

time5 hours ago

  • Indian Express

Knowledge Nugget: India's quest for the first hydrogen-powered train — A must-know for the UPSC exam

Take a look at the essential events, concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here's your UPSC Current Affairs Knowledge Nugget for today on India's quest for its first hydrogen-powered train. Indian Railways successfully tested the first hydrogen-powered coach or driving power car earlier this week at its Integral Coach Factory (ICF) in Chennai. This marks a key milestone in the national transporter's quest to build India's first hydrogen-powered train, something only a few railways in the world have tried, with a bulk of the projects still in the trial phase. In this context, let's know about this project and the National Green Hydrogen Mission. 1. The ICF project is significant for the Railways as it is one of the key players in India's mission to reduce greenhouse gas emissions and increase the share of renewable energy in its energy mix. An increased use of hydrogen, which is a cleaner fuel, will further reduce dependence on fossil fuels. 2. Indian Railways' Northern Railway zone has undertaken this project which began in 2020-21. The project has two major components. First, the conversion of two conventional 1600 HorsePower (HP) diesel power cars into hydrogen fuel cell-powered traction system, and second, setting up a hydrogen storage and fuelling facility at Jind in Haryana. 3. The total cost of the project is approximately Rs. 136 crore. The primary design, validation, and testing is being undertaken by Indian Railways' Research Design & Standards Organisation (RDSO). 4. It has been planned to operate the hydrogen train between Jind and Sonepat stations of Northern Railway in Haryana, two round-trips of 356 km. The hydrogen storage and fueling facility at Jind will have a storage capacity of 3,000 kg of Hydrogen. 5. Notably, hydrogen fuel technology is still an emerging field in Railways. There are many challenges and safety concerns, too, as hydrogen is a highly flammable gas. As the project involves the retro-fitment of two diesel-powered cars into Hydrogen fuel cell-powered cars, each power car will carry 220 kg of hydrogen, stored in specially designed cylinders at 350 bar pressure. The mounting structure of hydrogen cylinders and fuel cells is critical and for that, multiple rounds of testing are on. 6. Hydrogen is the lightest element. It is colourless, odourless, tasteless, and highly flammable. Due to its typical characteristics, safety remains a point of caution while dealing with hydrogen. 7. The hydrogen train will include safety features such as pressure relief valves, leak detection, flame detection sensors, temperature detection systems, and scientifically designed ventilation. 8. An independent third-party safety auditor – 'Technischer Überwachungsverein Süd' (TUV-SUD) of Germany has been roped in for ensuring the safety standards. The engineering design and conversion work is being undertaken at ICF, Chennai by Hyderabad-based Medha Servo Drives. 1. Hydrogen, the most common element in nature, exists only in combination with other elements, and has to be extracted from naturally occurring compounds like water (which is a combination of two hydrogen atoms and one oxygen atom). It is a clean molecule, but the process of extracting it is energy intensive. 2. While hydrogen's potential as a clean fuel source has a history of nearly 150 years, it was only after the oil price shocks of the 1970s that the possibility of hydrogen replacing fossil fuels came to be considered seriously. 3. The sources and processes by which hydrogen is derived are categorised by colour tabs. Hydrogen produced from fossil fuels is called grey hydrogen, which constitutes the bulk of the hydrogen generated today. 4. Hydrogen generated from fossil fuels with carbon capture and storage options is called blue hydrogen, while hydrogen generated using electrolysers powered by renewable power sources is called green hydrogen. 5. There are particular benefits to green hydrogen: (i) It is a clean burning molecule that can be used to decarbonize a variety of industries, such as transportation, chemicals, and iron and steel. (ii) Hydrogen can be produced by channelling renewable energy that the grid is unable to store or use. 1. The National Green Hydrogen Mission (NGHM) was approved by the Union Cabinet in 2023, recognising the role of Green Hydrogen in India's ambitions of energy independence by 2047 and Net Zero by 2070. 2. Supported by the Ministry of New and Renewable Energy (MNRE), NGHM views Green Hydrogen as a sunrise sector for India. It has the objective of making India a global hub for the production, usage and export of Green Hydrogen and its derivatives. 3. To achieve these objectives the mission aims to build capacity to produce at least 5 MMT (Million Metric Tonne) per annum from 2030. With reference to the green hydrogen, consider the following statements: 1. Hydrogen generated using electrolysers powered by renewable power sources is called green hydrogen. 2. Green Hydrogen Mission aims to produce 5 million tonnes of the fuel annually from 2050. 3. Green hydrogen can decarbonise iron and steel sector. How many of the statements given above are correct? (a) Only one (b) Only two (c) All three (d) None (Sources: Indian Railways tests first hydrogen-powered coach: What does the project entail?, Hydrogen fuel cell vehicles for greener tomorrow, Union Cabinet approves Green Hydrogen Mission: A look at India's push for the fuel) Subscribe to our UPSC newsletter. Stay updated with the latest UPSC articles by joining our Telegram channel – Indian Express UPSC Hub, and follow us on Instagram and X. 🚨 Click Here to read the UPSC Essentials magazine for July 2025. Share your views and suggestions in the comment box or at Roshni Yadav is a Deputy Copy Editor with The Indian Express. She is an alumna of the University of Delhi and Jawaharlal Nehru University, where she pursued her graduation and post-graduation in Political Science. She has over five years of work experience in ed-tech and media. At The Indian Express, she writes for the UPSC section. Her interests lie in national and international affairs, governance, economy, and social issues. You can contact her via email: ... Read More

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store