Saankhya Labs, a subsidiary of Tejas Networks, has been granted approval by the Ministry of Electronics and Information Technology, Government of India, under the Semiconductor Design Linked Incentive (DLI) scheme. This approval is for the development of a System-on-Chip (SoC) aimed at 5G telecom infrastructure equipment.
The DLI scheme offers financial incentives and design infrastructure support for the development and deployment of semiconductor designs. Saankhya’s application was evaluated by CDAC on behalf of MeitY and approved for reimbursement upon completion of development milestones.
Parag Naik, CEO & Managing Director of Saankhya Labs, said:
“We thank the Ministry of Electronics and Information Technology, Government of India and CDAC, the DLI implementing agency, for approving our application under the Semiconductor Design Linked Incentive scheme for the Development of a System-on-Chip for 5G Telecom infrastructure equipment. DLI is an excellent 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. As India’s leading R&D-driven semiconductor and telecom products company, we continue to invest in path breaking technologies and indigenisation of key components to realize the vision of an Atmanirbhar Bharat in the semiconductor and telecom sector.”