Indian Institute of Technology (IIT), Hyderabad, has announced the launch of Fabless Chip Design Incubator (FabCI), dedicated exclusively to help startups in this sector.
FabCI is first-of-its-kind incubator in India that focuses on creating an ecosystem for grooming startups in chip design, provides a bouquet of offerings, including free software tools with leading technology partners in Electronic Design Automation (EDA), among other facilities.
The incubator already has three startups being incubated -- Lemonflip, SenseHealth Technologies and WiSig Networks. The Incubator has now called for early stage startups to apply.
The goal is to incubate at least 50 'Make-in-India' chip design companies that can compete globally and generate Intellectual Property Rights (IPRs), it said.
Funded by the Ministry of Electronics and Information Technology (MeitY), FabCI has American MNCs - Cadence Design Systems and Mentor Graphics as its technology partners. Both the MNCs are leading providers of Electronic Design Automation (EDA) software, hardware and IP.
The primary motivation for this unique incubator program is to provide a one-stop solution for start-ups focusing in the area of chip design. We want to help incubate multiple •Make-in-India' chip design companies. We aspire to building an ecosystem wherein the incubates are not only provided with the relevant infrastructure.
Locally, the demand in the Indian market driven by higher consumption of electronic goods and our strategic needs for using technology in education. defense and healthcare industries is projected to reach USD 400 Billion by year 2020.
Through FabCI, the grand vision is to leverage the design expertise that exists in India to create Indian IP and to make a mark in chip design internationally.
In a video message for FabCI, Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (MeitY), said the Incubator is a step in the right direction which will greatly benefit from the expertise of IIT-H and mentors outside the Institute and should make a mark in the International Chip Design Sector.
U B Desai, Director, IIT-H,said the incubator exemplifies the commitment of the institution to develop semiconductor and chip design industries in India and enhance its IPR.
"We're looking forward to incubating startups that will roll out the next generation of disruptive products. This incubator will also contribute to the 'Startup India' and 'Make In India' campaigns of the Government of India," he said.
[Top Image - Brian Kostiuk on Unsplash]
FabCI is first-of-its-kind incubator in India that focuses on creating an ecosystem for grooming startups in chip design, provides a bouquet of offerings, including free software tools with leading technology partners in Electronic Design Automation (EDA), among other facilities.
The incubator already has three startups being incubated -- Lemonflip, SenseHealth Technologies and WiSig Networks. The Incubator has now called for early stage startups to apply.
The goal is to incubate at least 50 'Make-in-India' chip design companies that can compete globally and generate Intellectual Property Rights (IPRs), it said.
Funded by the Ministry of Electronics and Information Technology (MeitY), FabCI has American MNCs - Cadence Design Systems and Mentor Graphics as its technology partners. Both the MNCs are leading providers of Electronic Design Automation (EDA) software, hardware and IP.
The primary motivation for this unique incubator program is to provide a one-stop solution for start-ups focusing in the area of chip design. We want to help incubate multiple •Make-in-India' chip design companies. We aspire to building an ecosystem wherein the incubates are not only provided with the relevant infrastructure.
Locally, the demand in the Indian market driven by higher consumption of electronic goods and our strategic needs for using technology in education. defense and healthcare industries is projected to reach USD 400 Billion by year 2020.
Through FabCI, the grand vision is to leverage the design expertise that exists in India to create Indian IP and to make a mark in chip design internationally.
In a video message for FabCI, Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (MeitY), said the Incubator is a step in the right direction which will greatly benefit from the expertise of IIT-H and mentors outside the Institute and should make a mark in the International Chip Design Sector.
U B Desai, Director, IIT-H,said the incubator exemplifies the commitment of the institution to develop semiconductor and chip design industries in India and enhance its IPR.
"We're looking forward to incubating startups that will roll out the next generation of disruptive products. This incubator will also contribute to the 'Startup India' and 'Make In India' campaigns of the Government of India," he said.
[Top Image - Brian Kostiuk on Unsplash]
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