Moneycontrol
Mar 09, 2016 02:25 PM IST | Source: PTI

Govt invests Rs 500 cr a year for research on electronics

The research is carried out at incubation centres associated with IITs, Indian Institute of Science and other premier institutes.

Govt invests Rs 500 cr a year for research on electronics

The government is investing Rs 500 crore per year on research related to electronics products, a top official of Department of Electronics and IT (Deity) said today.


The research is carried out at incubation centres associated with IITs, Indian Institute of Science and other premier institutes.


The government is also asking the private sector to invest in research by collaborating with the incubation centres.


"We are investing around Rs 500 crore into research per annum... If any of you want to invest in that particular sector, this is where we under CSR are looking for a handholding," Deity Secretary Aruna Sharma said during the Nasscom CSR Leadership conference here.


The research is taking place for medical electronics, nano electronics etc at the incubation centres, she added.


"Now the association and CSR could be adjoined in the incubation centre itself if the topic of research if of interest to you and your company. You can work with the researchers and take a call," Sharma said.


She also handed a list of products which are completely commercialised to Nasscom and also of those products, which are on the verge of being commercialised and the third one where they are still under the incubation centres.


During the conference, a deal between Deity and Nasscom Foundation was also announced, wherein the foundation has been entrusted upon the responsibility of sensitising citizens across the country on e-waste, its health and environmental hazards and its responsible disposal.


The foundation announced that it has secured grants in excess of Rs 50 crore for financial year 2016-17.

The foundation, being the industry partner to government for the National Digital Literacy Mission, has been able to reach its target of over 100 centres across India for the year and aims to make over 75,000 households become digitally literate.

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