Mitsubishi Electric India Power Semiconductors has signed an MoU with IIT Madras Research Park to support the programmes conducted by the institute for the research and development of sustainable technologies.
Through this partnership, Mitsubishi Electric India Power Semiconductors aims for rapid innovation and technological upliftment in India, a press release from the company said.
Additionally, Mitsubishi Electric intends to collaborate with highly impactful institutions spread across the country to empower the youth to contribute towards developing sustainable indigenous technology for India.
Ashok Jhunjhunwala, Institute Professor & President, IIT Madras Research Park and IITM Incubation Cell, stated that ‘Make in India’ requires ‘Design in India’.
“We need the best of components to let our homegrown product compete with imported products and in the international market,” he added.
Moreover, Indian products need to be developed through the best manufacturing process and have superior quality while still being low cost, Jhunjhunwala noted.
Hitesh Bhardwaj, General Manager, Semiconductor and Devices division, Mitsubishi Electric India, said, “We envision bringing technological development in India which is achievable through this initiative of educating the youth and helping them get familiar with the new advancements.”
Also Read
India Has An Opportunity To Tap $500 Bn Semiconductor Manufacturing Supply Chain - IESA
Making Industry-Academia Partnerships Work In India