MeitY loops in IBM, Qualcomm, Mahindra, other firms for futureLABS initiative

The ministry of electronics and information technology (MeitY) has partnered with companies such as Qualcomm, IBM, Mahindra, Minda Corporation, Dell, Kaynes, Lava, boAt, NXP Semiconductors, Saankhya Labs, among 22 firms, across various industry verticals to enable next-generation, high performance electronics system design in the country.

Under the public private partnership (PPP) mode, MeitY on Saturday launched the Digital India futureLABS initiative. The programme will help startups and other companies to develop their own intellectual properties (IPs) and standards with support from industry partners for research and development and other activities.