Infineon Applied sciences India Pvt. Ltd.
Bangalore, Karnataka, India:
Infineon Applied sciences, a world chief in semiconductors, right this moment introduced the graduation of its ‘Infineon Solar Pump Motor Drive Challenge 2021‘ initiative to encourage inexpensive and dependable photo voltaic powered irrigation methods for farmers – design and manufactured domestically. Organized in collaboration with Startup India, AGNIi – housed beneath Make investments India; and in partnership with Avnet India, this system invitations the trade, SMEs and Startups to take part and compete for the perfect design in motor drive resolution for photo voltaic pumps.
India is an agrarian nation with nearly 16 p.c contributed to its GDP through agriculture, and greater than 41 p.c of the nation’s workforce employed on this sector. An excellent boon for the surroundings, enablement of photo voltaic pumps throughout the nation will reduce the burden on grid infrastructure, lower reliance on imported crude and enhance farmers’ livelihood.
India’s agriculture is primarily depending on diesel powered pumps which contribute to rising emmisions and greenhouse gases. Present pump manufacturing produces conventional irrigation pumps however microelectronics continues to be new to this trade. Photo voltaic pump producers depend on abroad suppliers for drives, hampering build-up of native competence and ecosystem. To reverse the consequences, it’s integral to construct power environment friendly and value efficient motor drive options for pumps domestically.
“Creating viable options for photo voltaic pump motor drives will allow native producers in India to scale back general dependency on imports. With a whole ecosystem in place, India has the potential to grow to be a worldwide lead within the photo voltaic pump trade,” mentioned Vivek Mahajan, Vice President & Division Head for Industrial Energy Management, Infineon Applied sciences Asia Pacific. He additional added, “In addition to supporting the Authorities of India’s countrywide ‘Atmanirbhar Bharat’, ‘Make In India’ & ‘PM-KUSUM’ initiatives, we’re making life simpler and greener with microelectronics from Infineon.”
Registrations are open till 14 March 2021, submit which chosen registrants could have one other month to submit a design idea. Within the closing spherical, 10 shortlisted individuals develop a working resolution, with assist from Infineon and companions, and can current to the jury comprising of senior administration from Infineon. Aside from enticing awards, the winner will get a chance to entry the quick rising pump drive market by means of working with main trade gamers to additional develop their product for manufacturing.
Infineon has been actively partaking with the startup and entrepreneur ecosystem in India since 2017. Over the previous few years, the corporate has partnered with the Atal Innovation Mission (AIM) at Niti Aayog and varied incubators throughout India together with Electropreneur Park, NSRCEL and AIC-Sangam to foster and nurture promising start-ups and drive tomorrow‘s options addressing some key societal issues like local weather change. Most just lately, Infineon has been actively funding technology-based healthcare options developed by premier institutes to allow India to struggle the COVID-19 pandemic.
Infineon Applied sciences AG is a world chief in semiconductor options that make life simpler, safer and greener. Microelectronics from Infineon are the important thing to a greater future. Within the 2020 fiscal yr (ending 30 September), Infineon reported income of greater than €8.5 billion with a workforce of some 46,700 individuals worldwide. Following the acquisition of the US firm Cypress Semiconductor Company in April 2020, Infineon is now a worldwide prime 10 semiconductor firm.
Infineon is listed on the Frankfurt Inventory Alternate (ticker image: IFX) and within the USA on the over-the-counter market OTCQX Worldwide Premier (ticker image: IFNNY). Additional data is offered at www.infineon.com.
This press launch is offered on-line at www.infineon.com/press.
Make investments India, is the Nationwide Funding Promotion and Facilitation Company of India and act as the primary level of reference for traders in India. Make investments India focuses on sector-specific investor focusing on and improvement of recent partnerships to allow sustainable investments in India. Make investments India additionally companions with substantial funding promotion companies and multilateral organizations. Make investments India additionally actively works with a number of Indian states to construct capability in addition to herald international finest practices in funding focusing on, promotion and facilitation areas. Make investments India, arrange in 2009, is a non-profit enterprise beneath the Division for Promotion of Trade and Inner Commerce, Ministry of Commerce and Trade, Authorities of India.
Startup India, housed beneath Make investments India, is a flagship initiative of the Authorities of India, meant to catalyse startup tradition and construct a robust and inclusive ecosystem for innovation and entrepreneurship in India. For the reason that launch of the initiative on sixteenth January, 2016, Startup India has rolled out a number of applications with the target of supporting entrepreneurs, and reworking India into a rustic of job creators as a substitute of job seekers.
Accelerating Progress of New India’s Innovation (AGNIi) is a flagship initiative beneath the Workplace of the Principal Scientific Adviser to the Authorities of India. It is among the 9 missions launched beneath the Prime Minister’s Science, Know-how and Innovation Advisory Council (PM-STIAC) and is housed at Make investments India. AGNIi focuses on supporting innovation commercialization, serving to authorities, enterprise and non-profit sectors profit from rising know-how improvements from Indian start-ups and the general public R&D ecosystem.