Renesas, IITH Sign Agreement for India's Semiconductor Independence
Renesas Electronics Corporation, a leading provider of advanced semiconductor solutions, has entered a three-year memorandum of understanding (MOU) with the Indian Institute of Technology Hyderabad (IITH) to collaborate on research in the field of VLSI and embedded semiconductor systems. The agreement aims to drive innovation in India's semiconductor industry and support the nation's "Make in India" initiative.
The signing ceremony, held at IITH in Telangana state, involved Malini Narayanamoorthi, Country Head of India and Senior Director of Engineering, Analog & Connectivity Product Group at Renesas, and Prof. B.S. Murty, Director of IITH. This collaboration will assist IITH in nurturing talent development to bolster India's semiconductor industry while enabling Renesas to tap into India's educational institutions for skilled employees, aligning with the country's ambition for self-reliance in semiconductor production.
As part of the MOU, Renesas will support the development of the university course curriculum, provide hands-on learning opportunities using Renesas development boards, and conduct outreach programs to enhance lab work and proof-of-concept projects. Additionally, IITH engineering students will have the chance to apply for six-month internships at Renesas and pursue full-time employment opportunities with the company.
Julie Pope, Senior Vice President and Chief Human Resources Officer at Renesas, highlighted India's significance in the company's operations and its potential for growth. She expressed excitement about partnering with IITH to bolster India's semiconductor ecosystem and support the "Make in India" initiative.
Prof. B.S. Murty, Director of IITH, emphasized the collaborative effort's benefits in providing students with exposure to cutting-edge technologies and opportunities to learn directly from Renesas experts. He highlighted IITH's commitment to talent development in the Electronic System Design and Manufacturing (ESDM) sector and viewed the collaboration with Renesas as a significant step in this direction. Both parties expressed enthusiasm about the partnership's potential for fostering innovation and talent development, ultimately contributing to India's semiconductor industry and global competitiveness.