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Future Labs programme: India to soon launch Future Labs programme: MoS IT Rajeev Chandrasekhar

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The government will soon launch a Digital India Future Labs programme, minister of state for electronics and IT Rajeev Chandrasekhar said Thursday.

This programme will be launched in partnership among government labs, startups of India and large enterprises and corporations that are in the electronics space, he said. “This will include tier-1 electronics suppliers to automotive and industrial platforms in terms of designing systems for the future.”

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The country will also shortly have an India Semiconductor Research Centre — a hub of semiconductor innovation, transistors, material science and physics, he said.

Chandrasekhar was speaking virtually at the India Electronics and Semiconductor Association Vision Summit 2024.

Design innovation in particular for semiconductor devices is something that India needs to focus on, he said. “This is an area in which we will be making a few more announcements in the next few weeks.”

The minister recently said that the government had received two fab proposals, four OSAT (outsourced semiconductor assembly and test) proposals, and three proposals for compound fabs, and that all of these were very high-quality proposals and were undergoing an analysis.

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India has a large number of startups, including those with billion-dollar-plus valuations. It is the most exciting and fastest growing ecosystem in the world. Creation of opportunities has characterised this ecosystem, the minister said.“As a logical expansion of this innovative ecosystem, and reimagining our ambition as a nation, we have created a framework for investments to expand our semiconductor and electronics ecosystem,” Chandrasekhar said.

This includes deep tech or future systems that will be required because of increased digitisation of enterprises, consumers and governments all around the world. “We need to ensure that these requirements are met by next generation systems in automotive, compute, wireless communication, industrial, IoT, and strategic technologies across the spectrum,” he said.

“It is certainly our desire to make sure that not only do we catalyse the manufacturing ecosystem around electronics and semiconductors but become a significant member in the evolving global value chains that are shifting,” he said.

“We need to have not just a significant footprint in the manufacturing space but also become a go-to partner for the enterprises, consumers and governments of the world,” he said.

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The government will soon launch a Digital India Future Labs programme, minister of state for electronics and IT Rajeev Chandrasekhar said Thursday.

This programme will be launched in partnership among government labs, startups of India and large enterprises and corporations that are in the electronics space, he said. “This will include tier-1 electronics suppliers to automotive and industrial platforms in terms of designing systems for the future.”

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit
IIM Kozhikode IIMK Advanced Data Science For Managers Visit
MIT MIT Technology Leadership and Innovation Visit

The country will also shortly have an India Semiconductor Research Centre — a hub of semiconductor innovation, transistors, material science and physics, he said.

Chandrasekhar was speaking virtually at the India Electronics and Semiconductor Association Vision Summit 2024.

Design innovation in particular for semiconductor devices is something that India needs to focus on, he said. “This is an area in which we will be making a few more announcements in the next few weeks.”

The minister recently said that the government had received two fab proposals, four OSAT (outsourced semiconductor assembly and test) proposals, and three proposals for compound fabs, and that all of these were very high-quality proposals and were undergoing an analysis.

Discover the stories of your interest


India has a large number of startups, including those with billion-dollar-plus valuations. It is the most exciting and fastest growing ecosystem in the world. Creation of opportunities has characterised this ecosystem, the minister said.“As a logical expansion of this innovative ecosystem, and reimagining our ambition as a nation, we have created a framework for investments to expand our semiconductor and electronics ecosystem,” Chandrasekhar said.

This includes deep tech or future systems that will be required because of increased digitisation of enterprises, consumers and governments all around the world. “We need to ensure that these requirements are met by next generation systems in automotive, compute, wireless communication, industrial, IoT, and strategic technologies across the spectrum,” he said.

“It is certainly our desire to make sure that not only do we catalyse the manufacturing ecosystem around electronics and semiconductors but become a significant member in the evolving global value chains that are shifting,” he said.

“We need to have not just a significant footprint in the manufacturing space but also become a go-to partner for the enterprises, consumers and governments of the world,” he said.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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