Wireless communication solution provider Saankhya Labs, on Wednesday, said the Ministry of Electronics and Information Technology (MeitY) approved its application under Government of India’s Semiconductor Design Linked Incentive (DLI) scheme for development of a System-on-Chip (SoC) for 5G telecom infrastructure equipment.
The DLI scheme offers financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores.
Saankhya’s application for development of SoC was evaluated by CDAC (Centre for Development of Advanced Computing) on behalf of MeitY, which then granted approval for reimbursement on completion of development milestones.
“DLI is a policy initiative by Government of India that helps Indian R&D companies to build valuable Intellectual Property and develop world-class semiconductor products for domestic and international markets,” said, Mr. Parag Naik, CEO of Saankhya Labs.
A week ago, telecommunication firm Tata Communications partnered with global tech giant Microsoft to enhance usability and security, while also making sure of regulatory compliance for MS Teams to be made available on a single platform in India.
Saankhya Labs, a subsidiary of Tejas Networks, is an innovative edge technology company with a breadth of wireless communication system solutions. Whereas, Tejas Networks is a listed telecom company and part of Tata Group.
The company designs and manufactures high-performance wire line and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities.
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