: IT Minister Chandrasekhar consults industry for electronics & semiconductor strategy #FinanceIndia #StockMarketNEWS IT Minister Chandrasekhar consults industry for electronics & semiconductor strategy

@StockMarketNEWS Tue 19 Oct, 2021

Posted in: #FinanceIndia #StockMarketNEWS

IT Minister Chandrasekhar consults industry for electronics & semiconductor strategy #FinanceIndia #StockMarketNEWS
IT Minister Chandrasekhar consults industry for electronics & semiconductor strategy Bangalore, 18 Oct (KNN) Union Minister of State in the Ministry of Electronics & IT, Ministry of Skill Development and Entrepreneurship, Rajeev Chandrasekhar visited the CDAC Centre at Bangalore to Launch INDUS (Innovation Development Upskilling) IoT Kit - a single board IoT development platform.

He carried active consultations with all stakeholders regarding a suitable electronics and semiconductor design and fabrication strategy.

“India has to build its own speed of innovation and not get intimidated by others. We have to work hard and build our capabilities. The Narendra Modi Govt. will be a strong facilitator,” said Union Minister Chandrasekhar while networking with semiconductor Cos, leaders and startups from the sector. He invited their inputs on possible strategies that can be included in the policy framework.

The CDAC developed kit, of the size of a credit card, is fitted with 6 sensors, actuators, connectivity and debugger interfaces.

The compact and easily portable IoT Kit shall facilitate development of local and smart solutions in a range of applications including Drones.

It is modestly priced at INR 2,500 per unit and shall soon be available over GeM portal. CDAC is also willing to Transfer this Technology to startups for commercial production.

Chandrasekhar also inspected other innovative technologies developed at CDAC Bangalore like – Smart watering meter, Smart Post Kiosk, Smart water distribution system, CDAC’s High performance computing (HPC) offerings covering HPC system software solutions & services, upcoming PARAM utkarsh Supercomputing facility, followed by an overview of Quantum computing related activities.

While appreciating these initiatives, he recommended extending IoT for drones, targeted industry use-cases of HPC, and engagement with end users early in the design cycle.

The much awaited session at CDAC was an interaction of Top executives from leading MNCs & Start-ups with the MoS, who is a technocrat himself and known as one of the best technology minds in India.

Union Minister Chandrasekhar has worked in Silicon Valley as a chip designer for 80486 micro-processor as well as for Pentium. Being a domain expert, he brings his knowledge, expertise and valuable experience to the two important portfolios entrusted to him by the Prime Minister Narendra Modi.

Addressing the gathering, IT Minister Chandrasekhar shared the vision of PM Modi and affirmed that “The Government is serious in its ambition in making India an Electronics and Tech leader. Ministry of Electronics and IT will play the role of a facilitator/partner and work to provide support to catalyse growth and innovation including access to market and capital.