Latest news with #SovereignTechforIndia
Time of India
5 days ago
- Business
- Time of India
India's semiconductor mission paves way for digital sovereignty: Experts
Academy Empower your mind, elevate your skills India's semiconductor mission paves way for digital sovereignty and will take the country towards self-sufficiency in chips that have use in a wide array of applications, including CCTV cameras, mobile networks, satellites, cars, and smart devices, experts have said that the central government's initiative lays the groundwork for India to become self-reliant across the entire digital technology stack -- from chip manufacturing to artificial intelligence (AI) and cloud applications. All mission-critical digital infrastructure, whether related to artificial intelligence or cloud computing -- fundamentally depends on semiconductor chips."When you are talking about a completely digital sovereignty, it starts at the chip level. Whether it is a complete AI stack or a complete cloud stack on which any mission-critical applications of government or enterprises run, it always starts from the ground level, which is the chip. From chip level, we end up making equipment," Sunil Gupta, Chair, ASSOCHAM National Council on Datacenter, told ANI on the sidelines of an event 'Sovereign Tech for India's Digital Transformation'. The event was organised by ASSOCHAM."Chips form the base, leading to the development of equipment, operating systems, datasets, models, and ultimately, applications. You start making operating systems, then you run in case of AI examples. You have data sets and then you have models and then you have applications. The government understands this whole stack, which needs to be completely owned by India. At the chip level, India has created a semiconductor mission so that India can design, fabricate, assemble and package its own chips in India itself," Gupta told India Semiconductor Mission (ISM) is aimed at ensuring full ownership of this stack. The mission aims to enable domestic capabilities in chip design, fabrication, assembly, and packaging."The semiconductor mission and the government's emphasis on it is a step in the very right direction. It is at the route of becoming a sovereign nation in terms of digital infrastructure," Gupta said."Starting has been done maybe with chips of 28 nanometers, but I am very sure once this mission starts, we will start manufacturing the most high-end two and three-nanometre chips also. As the Minister of IT also announced that within five years India can also expect its indigenous GPU, which is real sovereignty at the grassroots you are not dependent on a chip which is designed in the US and manufactured in Taiwan. India will be able to design and manufacture chips in India itself," he also spoke about India's efforts to widen its sources of rare earth metals amid export curbs by China."Prime Minister visited countries in Latin America and Africa recently.... India will have to be self-dependent on rare earth metals as these are used in manufacturing electronics products. This is another aspect on which the government is very serious about," he Pillai, founding member of Bharath Cloud, emphasised the significance of Digital India."It is an economic and security story and having everything in house is very important. Having everything on our own soil and working on our own terms is extremely important for us to grow and innovate. India is focused in the area," she Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India was notified in December 2021 with a total outlay of Rs. 76,000 Union Cabinet had in May this year approved establishment of one more semiconductor unit under India Semiconductor semiconductor units are in advanced stages of construction. The unit approved in Uttar Pradesh is a joint venture of HCL and Foxconn. This plant will manufacture display driver chips for mobile phones, laptops, automobiles, PCs, and myriad of other devices that have plant is designed for 20,000 wafers per month. The design output capacity is 36 million units per and entrepreneurs in 270 academic institutions and 70 startups are working on world class latest design technologies for developing new products. Twenty products developed by the students of these academic students have been taped out by SCL Mohali.
Time of India
7 days ago
- Business
- Time of India
Rs 1 lakh crore fund to boost private sector R&D: Jitendra Singh
Science and Technology Minister Jitendra Singh on Friday said that a fund of Rs 1 lakh crore will to boost the private sector to drive India's sovereign technology ambitions. Singh made these remarks while addressing the ASSOCHAM Conference on "Sovereign Tech for India's Digital Transformation " here. Explore courses from Top Institutes in Please select course: Select a Course Category Degree CXO Data Science Product Management Operations Management Project Management Artificial Intelligence Technology Management Healthcare Design Thinking Digital Marketing MBA Data Science Others Leadership others Cybersecurity PGDM Finance Public Policy healthcare Data Analytics MCA Skills you'll gain: Data-Driven Decision-Making Strategic Leadership and Transformation Global Business Acumen Comprehensive Business Expertise Duration: 2 Years University of Western Australia UWA Global MBA Starts on Jun 28, 2024 Get Details He said the government has launched the ambitious Research, Development, and Innovation (RDI) Scheme to transform private sector R&D, particularly in sunrise and strategic sectors. Singh said the scheme will provide long-term, low-interest loans and risk capital to support deep-tech, critical technologies , and transformative projects. A dedicated 'Deep-Tech Fund of Funds' will also be established to scale up private investment in innovation. Live Events The scheme will be anchored by the Anusandhan National Research Foundation (ANRF) and implemented by the Department of Science and Technology (DST), Singh said. "We appeal to the industry to come forward and harness the full spectrum of opportunities opened up by the Government. India's technological footprint is expanding, and the world is watching," Singh said. PTI
