- During the Digital India FutureLABS Summit 2024, the government announced 20 MoUs
Minister of State for Electronics & IT, Skill Development and Entrepreneurship, and Jal Shakti, Rajeev Chandrasekhar has recently announced two futureDESIGN semiconductor fabless companies under the Semicon India Design Linked Incentive (DLI) scheme.
During the Digital India FutureLABS Summit 2024, the government announced 20 MoUs with Industry for implementation of the futureLABS in 6 verticals – Automotive, Compute, Communication, Strategic Electronics, Industrial Electronics/ IoT and Design & innovation.
Two Karnataka-based semiconductor fabless firms, selected for financial backing through the DLI Scheme, specialize in delivering chipsets and solutions tailored for communication and medical technology industries.
Parag Naik, founder, Saankhya Labs, said, “Saankhya Labs is a wireless communication and semiconductor solutions company, designing a full spectrum of next-gen communication solutions for the present and the future. This includes products and solutions for broadband, satellite and broadcast applications including 5G NR, Direct to Mobile (D2M) Broadcast, rural broadband connectivity, satellite communication modems for IoT applications and multi-standard DTV modulators and demodulators.”
Vijay Muktamath, founder, Sensesemi Technologies said, “As part of the DLI Scheme, Sensesemi will be developing the SoC for IoMT and IoT devices, that shall have MCU and wireless IP integrated with ultra-low power analog front end with AI inferencing IP. Sensesemi aims to drive India’s semiconductor capabilities by providing connected SoC for everything from smart wearables, med-tech sector and other connected devices.”
