Business EconomyPosted at: Oct 5 2025 4:46PM


IT Minister approves setting up of 'NaMo Semiconductor Laboratory' at IIT Bhubaneswar

New Delhi, Oct 5 (UNI) Information Technology Minister Ashwini Vaishnaw has recently approved the setting up of the 'NaMo Semiconductor Laboratory' at IIT Bhubaneswar, an official statement said today.
The project will be funded under the MPLAD scheme and the estimated cost of project is Rs 4.95 crore, the statement added.
NaMo Semiconductor Lab will contribute to Bharat's deep talent pool by equipping the youth with industry-ready skills.
This lab will position IIT Bhubaneswar as a hub for semiconductor research and skilling. Moreover, it will also help in developing talent for the chip manufacturing and packaging units coming up across Bharat.
IIT Bhubaneswar already hosts the Silicon Carbide Research and Innovation Centre (SiCRIC). The new lab will add to the institute's existing cleanliness facilities.
It will provide Research and Development facilities to support the Semiconductor industry in India.
This new lab will boost 'Make in India' and 'Design in India' initiatives.
It will also act as a catalyst for the fast-growing Semiconductor ecosystem of Bharat which is home to 20pc of global chip talent.
Students of 295 universities across the country are using the latest Electronic Design Automation (EDA) tools provided by the Industry. Twenty-eight student-designed chips from 20 institutes have been taped out at SCL Mohali, the statement said.
Moreover, Odisha has recently received approval for two semiconductor projects under the India Semiconductor Mission.
One of these is an integrated facility for Silicon Carbide (SiC)-based compound semiconductors. The second is an advanced 3D glass packaging facility.
The proposed lab will have essential equipment and software required for semiconductor training, design and fabrication with an estimated cost is Rs 4.6 crore for equipment and Rs 35 lakh for Software.

UNI SAS BM
Please log in to get detailed story.
Tags: #IT Minister approves setting up of 'NaMo Semiconductor Laboratory' at IIT Bhubaneswar
More News

India’s Sonalika Tractors enters Guinness World Records through its Bangladesh distributor

12 Nov 2025 | 2:06 AM

Pune, Nov 11 (UNI) India's number one tractor export brand Sonalika Tractors has strengthened its global supremacy as the company’s Bangladesh distributor ACI Motors Ltd has entered the Guinness World Records for achieving the largest-ever tractor deliveries in a single day.

see more..

Granules Life Sciences gets first U S FDA approval for Hyderabad Facility

12 Nov 2025 | 12:41 AM

Hyderabad, Nov 11 (UNI) Granules India Limited, on Tuesday announced that its wholly owned subsidiary, Granules Life Sciences Private Limited (GLS), located here, has received U.S. Food and Drug Administration (FDA) approval for a product that was the subject of a Pre-Approval Inspection (PAI) conducted between July 28 and August 1.

see more..

AP: Business Delegation from Saxony State of Germany visits Sri City

11 Nov 2025 | 9:48 PM

Sri City (Andhra Pradesh), Nov 11 (UNI) An 18-member business delegation from the German Federal State of Saxony, led by Dirk Panter, Minister for Economic Affairs, Labour, Energy and Climate Action, on Tuesday visited Sri City. The delegation was warmly received by Srini Raju, Chairman, and Dr. Ravindra Sannareddy, Managing Director of Sri City.

see more..

MCL inks Rs 5 99 cr MoU for education, community development in Odisha’s Jharsuguda district

11 Nov 2025 | 9:04 PM

Bhuwaneshwar, Nov 11 (UNI) Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has inked two Memoranda of Understanding (MoUs) with the District Administration, Jharsuguda, for key Corporate Social Responsibility projects to upgrade educational facilities, strengthen digital learning infrastructure, and improve community spaces within the district.

see more..

Mutual fund industry’s AUM spikes to Rs 79 87 lakh cr in October: AMFI Data

11 Nov 2025 | 7:43 PM

New Delhi, Nov 11 (UNI) October witnessed subdued inflows into equity mutual funds, as AMFI’s latest data showed that net inflows into equity schemes declined to Rs 24,690 crore. It was down around 19 per cent on October compared to Rs 30,422 crore in September.

see more..