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Altair & IIT-Madras collaborates to add Shakti Processor to support Altair Embed

The Shakti processor, India’s first indigenous RISC-V processor, is the result of an initiative backed by the Ministry of Electronics and Information Technology, Government of India, and Pratap Subrahmanyam Centre for Digital Intelligence and Secure Hardware Architecture to promote indigenous development.Read more

PLI Scheme to herald a new era in electronic manufacturing: Ravi Shankar Prasad

Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, notified on April 1, 2020, has evoked good response from global as well as domestic mobile phone manufacturing companies and electronic components makers. Production of Rs. 10.5 lakh crore and Exports of Rs. 6.5 lakh crore expected over next 5 years.Read more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more