Infineon Technologies Signs MoU With MeitY Startup Hub To Strengthen Startup Ecosystem In India

- Advertisement -

The joint efforts focus on creating a vibrant start-up ecosystem in India by creating a strong economy built on the twin engines of innovation and technological advancement

German chipmaker Infineon Technologies India has said that it has entered into a Memorandum of Understanding (MoU) with the MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY) with an aim to promote technology innovation, start-ups and creation of intellectual property.

- Advertisement -

The collaboration aims to foster the development of incubation centres, Centres of Excellences (CoEs) and start-ups in India particularly in the field of Electronics and IT, the company said in a statement. 

It further said that the collaboration of MSH and Infineon shall assist in “capability building” of the MSH startups by providing them access to new products and solutions, development trends, network base, mentorship and technical guidance with a goal to strengthen the local competence of the startups. 

The joint efforts focus on creating a vibrant start-up ecosystem in India by creating a strong economy built on the twin engines of innovation and technological advancement thus promoting the growth and sustainability of start-ups in the country.

Managing Director, Infineon Technologies India, Vinay Shenoy, delighted at the partnership was quoted as saying, “By supporting MSH initiatives, we aim to empower more start-ups and incubators to lead in technology building and local manufacturing, providing a boost to country-wide innovation & ecosystem development.” 

CEO(MSH), Jitendra Vijavargiya, welcoming the partnership remarked “MSH collaboration with Infineon providing startup offerings, domain expertise, a multitude of resources and network opportunities is assured to benefit the startup ecosystem by facilitating technology progression and innovation diffusion in manufacturing and hardware sector.”

In India, Infineon has a wide presence and outreach with large R&D and Sales teams developing semiconductors and software for Automotive, Power, IoT & Security markets and providing sales and technical support to local customers.

- Advertisement -

Most Popular Articles

Infineon, Stellantis Partner To Advance Next-Gen Vehicle Power

0
With a dedicated Joint Power Lab and secured supply agreements, the partnership is set to drive transformative advancements in EV performance, cost-effectiveness, and the...

Audi Launches New EV Brand In China, Drops 4-Ring Logo

0
On Thursday, Audi introduced a new electric vehicle brand in China, branding the cars solely with the name 'AUDI' instead of its traditional four-ring...
IIT Bhubaneswar

IIT Bhubaneswar Partners MOSart Labs To Boost Engineering Skills In Chip Industry

0
The aim is to help students with essential skills in areas such as very-large-scale integration (VLSI), semiconductor technology, analog and digital design, validation, and...
Jaguar concept EV

JLR Highlights Its Biggest Reinvention With The Concept Car Jaguar Design Vision

0
The four-door GT is anticipated to be Jaguar's most powerful model to date. Its targeted range is approximately 430 miles (700 kilometers), and its...

ISE Labs Expands With New OSAT Facility In Mexico

0
Turbocharging its growth in North America’s tech hub, ISE Labs is set to build an OSAT semiconductor facility in Jalisco, Mexico, eyeing to create...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Learn From Leaders

Startups