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STPI signs pact to set up characterisation lab at IIIT
The Software Technology Parks of India (STPI) today signed a memorandum of understanding (MoU) with the Bangalore based Tessolve Semiconductor Pvt Ltd for establishment of a characterisation lab at Bhubaneswar.
The establishment of the lab at International Institute of Information Technology (IIIT) at a cost of Rs 7.98 crore is expected to act as a booster for the development of the ESDM (electronic system design and manufacturing) sector in the state. The project, to come up on 215 acre of land, will be set up in PPP (public-private partnership) mode.
The MoU was signed between Manas Panda, Director, STPI Bhubaneswar and V Veerapan, President of Tessolve Semiconductor in presence of Pranab Prakash Das, state IT (information technology) minister and PK Jena, secretary of the department.
Out of the total project cost, Rs 7 crore will be shared equally by the state and STPI. Tessolve will invest Rs 98 lakh on supporting infrastructure and managing the lab for six years.
This will be the second such facility in the country after the one established in Karnataka which was built by STPI in association with the government of Karnataka. The construction of the lab will be completed within six months.
"It will test the characteristics of a new chip before it goes for mass production," said an official. The setting up of the lab will act as vital linkage for establishment of proposed Electronic Manufacturing Cluster and ESDM incubation centre for the start-ups in the state. The department of electronics and information technology (DeitY), under the Union Ministry of Communication and Information Technology, had awarded in principle approval for the project in July last year. The final nod is pending.
"The basic idea to set up the facility at IIIT is to develop the skills of the B. Tech and M. Tech students, so that they can specialize in chip testing," said an STPI official.
For the development of the ESDM sector, the state government has already prepared a strategic roadmap in addition to providing incentives in the state's Information and Communication Technology Policy-2014. The policy aims to attract five leading ESDM industries to the state.
News Source : http://www.business-standard.com/article/companies/stpi-signs-pact-to-set-up-characterisation-lab-at-iiit-115042401174_1.html
BS Reporter | Bhubaneswar April 24, 2015 Last Updated at 22:19 IST
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STPI signs pact to set up characterisation lab at IIIT
The Software Technology Parks of India (STPI) today signed a memorandum of understanding (MoU) with the Bangalore based Tessolve Semiconductor Pvt Ltd for establishment of a characterisation lab at Bhubaneswar.
The establishment of the lab at International Institute of Information Technology (IIIT) at a cost of Rs 7.98 crore is expected to act as a booster for the development of the ESDM (electronic system design and manufacturing) sector in the state. The project, to come up on 215 acre of land, will be set up in PPP (public-private partnership) mode.
The MoU was signed between Manas Panda, Director, STPI Bhubaneswar and V Veerapan, President of Tessolve Semiconductor in presence of Pranab Prakash Das, state IT (information technology) minister and PK Jena, secretary of the department.
Out of the total project cost, Rs 7 crore will be shared equally by the state and STPI. Tessolve will invest Rs 98 lakh on supporting infrastructure and managing the lab for six years.
This will be the second such facility in the country after the one established in Karnataka which was built by STPI in association with the government of Karnataka. The construction of the lab will be completed within six months.
"It will test the characteristics of a new chip before it goes for mass production," said an official. The setting up of the lab will act as vital linkage for establishment of proposed Electronic Manufacturing Cluster and ESDM incubation centre for the start-ups in the state. The department of electronics and information technology (DeitY), under the Union Ministry of Communication and Information Technology, had awarded in principle approval for the project in July last year. The final nod is pending.
"The basic idea to set up the facility at IIIT is to develop the skills of the B. Tech and M. Tech students, so that they can specialize in chip testing," said an STPI official.
For the development of the ESDM sector, the state government has already prepared a strategic roadmap in addition to providing incentives in the state's Information and Communication Technology Policy-2014. The policy aims to attract five leading ESDM industries to the state.
News Source : http://www.business-standard.com/article/companies/stpi-signs-pact-to-set-up-characterisation-lab-at-iiit-115042401174_1.html
BS Reporter | Bhubaneswar April 24, 2015 Last Updated at 22:19 IST
This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group of STPI -
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