ISRO opens technology incubation centre in Agartala

|September 18, 2018 0

BANGALORE, INDIA: India Electronics and Semiconductor Association (IESA) hosted the 1st edition of Spacetronics 2018 in Bangalore to facilitate discussion on Space technology and policies.

Anil Kumar Muniswamy, Chairman, IESA said, “With huge market opportunity related to the space technology segment, the Indian ESDM industry is projected to see space technology related investment over the next five years. We believe that now is the time to build the future ecosystem to nurture innovation and entrepreneurship in the space technology segment. Spacetronics is dedicated towards building the space technology industry success by highlighting opportunity areas and addressing the challenges being faced.”

IESA is assisting ISRO in establishing Technologies Incubation Centres across the country and the first such centre is starting at NIT Agartala in Tripura state. The objective of Technology incubation centres is to develop cutting edge technologies needed by the space sector and creation of IPs. This is going to be a great push towards Make in India. ISRO Technology Incubation Centre, Agartala was launched remotely byBiplab Kumar Deb, Chief Minister, Tripura.

                                 

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Dr. K Sivan, Chairman, ISRO said, “Given the availability of abundant talent in India, I am very excited about the tremendous opportunity we have, to accelerate the space related innovation and start-ups through this ISRO Space Technology Incubation Centre at National Institute of Technology (NIT), Agartala. ISRO is looking to incubate start-ups that would build applications; offer services and products which it can use internally and help them scale up so that these firms can exploit opportunities globally. We will work with multiple models for the incubators such as starting an incubator on own or engaging existing technology incubators to groom these start-ups under ISRO supervision.”

The speakers also highlighted the necessity to focus on the unbridged talent pool, need for accelerating investment promotions, international alliances, start-up ecosystem and policy implementation to strengthen innovation and facilitate entrepreneurship in the Space Technology domain of the country.

The other key activities of the summit were ISRO workshop on “Avionics, Tracking & Telemetry, Satellite Components, Space Applications, Process Automation, Surveillance Systems, Vendor Registration process and much more” and keynote addresses by Yousef Khalilollahi, VP Core Vertical Markets, Xilinx Inc and by Rahul K Mathur, Director, TE Connectivity. A pledge drive by companies was also executed with ESSCI for the Skill India Campaign.

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