Regenerative Medicine: A Game Changer in Orthopedic Care

By Dr Achal Saradava, Arthroscopy And Joint Replacement Surgeon. HCG Hospitals Rajkot

Regenerative medicine is a rapidly evolving field that is transforming orthopaedic care. This field encompasses a wide range of treatments and technologies aimed at repairing or replacing damaged or diseased tissues in the body with the goal of restoring normal function and reducing pain. In the field of orthopaedics, regenerative medicine is proving to be a game-changer, offering new options for patients In the field of orthopaedics, regenerative medicine is proving to be a game-changer, offering new options for patients with conditions ranging from joint pain and osteoarthritis to traumatic injuries and degenerative conditions. Regenerative medicine refers to the use of advanced therapies and treatments to promote the healing and regrowth of damaged or lost tissue in bones, joints, and muscles.

The use of regenerative medicine in ortho-care

Platelet-rich plasma therapy: Regenerative medicine in orthopaedics also includes the use of platelet-rich plasma (PRP) therapy. PRP is a concentrated solution of platelets and growth factors that is derived from a patient’s own blood. When injected into the damaged area, PRP has the ability to promote healing and regeneration by stimulating the growth of new tissue. PRP therapy is commonly used to treat conditions such as tendinitis, ligament sprains, muscle strains, Arthritis of various joints and bony nonunion after a fracture.

Biologic scaffold: Another exciting area of regenerative medicine in orthopaedics is the use of biologic scaffolds. Biologic scaffolds are made from natural or synthetic materials that are designed to mimic the structure and function of native tissues. They are often used to provide support for new tissue growth and to promote healing in the damaged area. Biologic scaffolds can be used in a wide range of orthopaedic conditions, including rotator cuff tears, knee ligament injuries, spinal cord injuries and Cartilage damage in joints.

Regenerative injections: Regenerative medicine is also redefining orthopaedic care through the use of regenerative injections. Regenerative injections are a minimally invasive procedure that involves injecting a variety of biological products, such as PRP directly into the damaged area. These injections have the ability to promote healing and reduce pain and inflammation, making them a valuable tool in the management of orthopaedic conditions.

Why regenerative medicine is beneficial for orthopaedic patients

Leads to faster and more efficient healing: One of the key benefits of regenerative medicine in orthopaedics is its ability to promote faster and more effective healing. Traditional orthopaedic treatments, such as surgery or physical therapy, may help manage pain and improve function, but they do not always address the underlying cause of the injury or degeneration. Regenerative medicine, on the other hand, uses a variety of approaches to stimulate the body’s natural healing process, helping to repair or replace damaged tissue and improving overall function and quality of life.

Minimally invasive: Another key benefit of regenerative medicine in orthopaedics is its potential to reduce the need for invasive treatments, such as surgery. In many cases, regenerative therapies can be performed in a minimally invasive manner, without the need for major incisions or hospitalisation. This can result in quicker recovery times and a lower risk of complications, such as infection or scarring.

Reduces pain management need: Regenerative treatments may help reduce the need for ongoing pain management medications or physical therapy.

Heals patients who haven’t got optimal results from traditional treatments: One of the most exciting aspects of regenerative medicine in orthopaedics is its potential to provide new hope to those who have not found relief from their symptoms through traditional treatments. For example, regenerative treatments may be an option for patients with degenerative joint conditions, such as osteoarthritis, who have exhausted all other options for pain relief.

In orthopaedics, regenerative medicine offers a promising new approach to treating musculoskeletal conditions. It is a game-changing approach in the field of orthopaedics because of its ability to promote faster healing and reduce the need for invasive treatments. One can reach out to the expert Orthopedic surgeon and Rheumatologist at HCG Multispecialty Hospital to get more informed on regenerative medicine for ortho care and opt for it for enhanced treatment outcomes.

New Survey Reveals 67% of Indians Have Taken Personal Loans to Meet Fund Requirements, with 9% Taking Loans for Travel and Vacation: Saral Credit

Mumbai/ New Delhi, February 20, 2023: A new survey has been conducted by aral Credit, a fin-tech platform that makes getting a personal loan easy and quick, to understand the key behavioral drivers which are driving the Personal Loan product in India. The Personal Loan product offers access to timely funds for an eligible individual to meet short-term fund requirements without inquiring into the end use of the loan proceeds. This survey conducted with 512 respondents aims to provide insights into the factors that drive the growth of personal loan disbursals in India.

The survey results indicate that personal loans have witnessed a 46% growth in Originations (by value) from FY-2021 to FY-2022. According to the survey, 67% of respondents in India have taken a personal loan at some point in their lives to meet their fund requirements. The survey also revealed that 36% of respondents took a loan for home purchases or renovations, while 9% took personal loans for travel and vacation.

The interest rate remains the most critical factor for borrowers in choosing a loan provider, with 63% of respondents indicating that their decision to take a personal loan would be based on the charged interest rate. Additionally, 77% of respondents preferred to take personal loans from banks, while 14% preferred non-banking
financial institutions.

Milind Satpute, Director of Saral Credit said, “The Personal Loans market in India is experiencing a red-hot growth rate, and yet, until now, little has been done to truly understand customer behavior in this segment, which banks and NBFCs have traditionally dominated. That’s why the findings from the Personal Survey of 2023 are
so important. This survey squarely addresses the key questions everyone in the industry should ask: Why do customers take personal loans? What are the most important factors they consider when choosing a loan? Which channels do they prefer? At Saral Credit, we believe that the answers to these questions are crucial to unlocking the full potential of the Personal Loans market, and we’re excited to share the insights we’ve gained.”

The Personal Survey of 2023 sheds light on the increasing importance of creditworthiness in financial fitness, as individuals with a credit score regularly review their score and report. The survey also reveals that the majority of respondents are from the middle-class segment, with 91% of graduates and 78% of individuals earning above Rs 30,000.

Participation from both men and women is a good sign of inclusiveness and women’s independence. While loan amount, repayment period, and convenience are essential factors for borrowers, 30% of respondents find the Personal Loans process time-consuming, and 20% find it complicated. Another 16% of respondents
were unable to connect with the right provider.

According to the survey findings, the personal loans sector in India is experiencing significant growth, and borrowers are exhibiting a growing appreciation for the role of creditworthiness in obtaining such loans. Furthermore, the survey results indicate that the majority of respondents still prefer to get personal loans from banks, with the
the interest rate being the primary consideration in selecting a lender.

Motherson reaches an agreement to acquire SAS Autosystemtechnik, one of the leading cockpit module integrators globally with large EV portfolio and gross revenues of ~Euro 4.4 Bn on principal basis

20th February 2023: Samvardhana Motherson Automotive Systems Group BV (SMRPBV) a 100 % subsidiary of Samvardhana Motherson International Limited (SAMIL) has entered into an agreement to acquire 100% stake in SAS Autosystemtechnik GmbH (Germany) (“SAS”) from Faurecia, a company of the FORVIA Group (an entity listed on Paris stock exchange).

“SAS” is a leading global provider of assembly and logistics services for the automotive industry. This strong market position is founded on deep technical expertise. It has strong customer relationships with leading European and American OEMs, some of which span almost 3 decades. The company’s gross revenues were ~Euro 4.4 Bn on a principal basis with net revenues (IFRS) of Euro 896 million for the year ended December 31st, 2022, with almost half of it contributed by EV programs. The orders in hand already secured are of over ~3 Bn Euro in cumulative Net Revenues over the next 3 years. It has more than 5,000 employees in over 24 manufacturing locations in Europe, Asia, and America.

The transaction will be another step in further enhancing Motherson’s integration in the global automotive supply chain and increasing its customer proximity. With its strong capabilities in assembly, automation and logistics, “SAS” is well-positioned to benefit from the secular trend of outsourcing of module assembly by OEMs to trusted suppliers.

The enterprise value of the business is Euro 540 million and the transaction will be funded by a mix of debt and internal accruals The transaction remains subject to information or consultation with employee representatives. Completion of the envisaged transaction will be subject to customary regulatory approvals and would be expected by Q2 FY24 (July-Sept 23).

Commenting on the deal, Mr. Vivek Chaand Sehgal, Chairman, Motherson said,

“We have always added new products and technologies to closely serve our customers in a more cohesive way. The acquisition of SAS is an important step in this direction. By adding complementing capabilities which SAS brings, we will be able to further enhance our tier 0.5 position with our customers. With this acquisition, we will be even more diversified in our customer base and products. This acquisition will transform Motherson Group to be a leading assembler of cockpit modules globally, with a special focus on EV models. We look forward to welcoming over 5,000 new members into the Motherson family”.

ICC organises session on Vision East- Green Initiatives led Growth & Employment

Kolkata, 20th February 2023: The Indian Chamber of Commerce (ICC) organised an interactive session called Vision East- Green Initiatives led Growth & Employment. The session witnessed valuable insights on the central government’s initiatives for a greener economy from Mr. Bhupender Yadav, Hon’ble Minister, Ministry of Labour and Employment and Environment, Forests & Climate Change, Govt. of India, Mr. Mehul Mohanka, President, ICC and Managing Director & Group CEO, Tega Industries Ltd, and Dr. Rajeev Singh, Director General, ICC, and Mr. Sudhir A. Merchant Director, M/s Encore Natural Polymer Pvt Ltd.

Commenting on the initiative by the central government towards strengthening the economy, Chief Guest, Hon’ble Minister, Ministry of Labour and Employment and Environment, Forests & Climate Change, Govt. of India, Mr. Bhupender Yadav, said, “India, in the post-Covid era has become the fastest growing economy, attaining 30.6 percent of the GDP growth, which is still a challenging concept for many other countries. The Indian economy has strengthened due to the ease of doing business and the rapid growth of the unorganised sector and MSMEs. According to last year’s government initiative, 39,000 unnecessary compliances were removed, along with several legislative reforms. The Union Budget 2023 promotes a technology- and knowledge driven economy. The budget is based on the seven principles, which emphasise inclusive development, reaching the last line, youth power, the financial sector, infrastructural investment, unleashing the potential, and green growth. The development model implemented under our honourable Prime Minister Mr Narendra Modi’s visionary leadership has been an exemplary development model. This model reflects the vision of Sabka Saath, Sabka Vikash, and Sabka Prayas, which is why this green initiative and new innovations have been taken into account. The government is working on our culture and various spectrums for our country at the same time, such as the new Vishwakarma Kaushal Yojna, contributing for strengthening women’s self-help groups and creating a single district for product promotion. These are several unique ideas introduced by the government that will help the country fulfil its necessary requirements in the development spectrum.”

Speaking about the session, the Director General, of ICC, Dr. Rajeev Singh, said,” Our honourable chief guest has been working to solve relevant environmental issues by taking full authority, starting from the ground level. The green initiative as discussed in the budget has shown us a clear path to work on reducing carbon emissions and climate change that would eventually lead to sustainable development for our country.”

Commenting on the theme of the session, President, ICC and MD & Group CEO Tega Industries Ltd, Mr Mehul Mohanka, said, “As we all know, the effects of climate change are no longer a prediction of the future but today’s reality, as we have been affected by droughts, frequent cyclones, and prolonged heat waves, among others. Climate change has been a major topic of discussion and action not only in our country but throughout the G20 summit. The budget prioritised energy transition and climate action. To that end, India has taken some noteworthy initiatives. Green growth was recorded as one of the Saptarshi which reflects the government’s commitment to achieving net zero carbon emissions by 2030 and aligned climate growth.”

While delivering the Vote of Thanks, Director, M/s Encore Natural Polymer Pvt Ltd, Mr. Sudhir A. Merchant, said, “I would like to appreciate the government’s initiative to go green as this would have a meaningful impact on the growth of our country across the world. We all must give our inputs to make this initiative successful.”

DoubleTree Hilton Goa – Panaji appoints Tapajit Bhattacharjee as their new F&B Manager

Goa, 20th February 2023: DoubleTree Hilton Goa – Panaji is pleased to announce Tapajit Bhattacharjee as the new F&B Manager. In his new role, Tapajit brings a wealth of knowledge and expertise from his yesteryear experiences both in India and abroad.

Having risen the ranks from being a restaurant server to leading a team, Tapajit has engaged with numerous hospitality brands in his rewarding career. In his last assignment, he was overseeing of a heritage property offering bespoke hospitality. Having worked in Goa in the past, he is well aware of the market dynamics of this populace state, which is renowned for its concept restaurants and bars. Double Tree by Hilton Goa, Panaji is well poised to offer Tapajit a rewarding career with its diverse restaurants and banquet ensemble.

The New Tax Regime: Everything you need to know

Mr. Amar Deo Singh, Head Advisory, Angel One Ltd 

The income tax slabs and deductions in the Union Budget are often followed with curiosity and excitement by most employed individuals around the country. An individual’s tax planning depends heavily on the concessions and deductions offered by the government through regulations of the Income Tax Act 1961. With the FM’s announcement of making the new tax regime the default option from AY 2024-25, taxpayers must be well-acquainted with the salient features of the new regulations.

Changes in Basic Exemption Limits and Surcharges

Under the new regime, the basic tax exemption limit has exceeded Rs. 2.5 lakhs to Rs. 3 lakhs. In addition, a tax rebate has been introduced for income up to Rs. 7 lakhs (annually). The standard deduction of Rs. 50000 has also been extended in the new regime.

The highest surcharge rate of 37% has been reduced to 25%, which impacts taxpayers having an income of more than Rs. 5 crores. The implication is that the effective tax rate shall decrease to 39% from 42.74%.

Exemptions and deductions disallowed under the New Regime

However, a few tax planning tools that have been conventionally used to reduce tax liability under the old regime are no longer included in the new regulations. These tools include standard deduction under Section 80TTA/80TTB, Leave Travel Concession, House Rent Allowance, Children’s Education Allowance, Special Allowances under section 10(14) of the Act, and most importantly, Chapter VI-A deduction (Section 80C, 80D, 80E and so on, except Section 80CCD (2) and Section 80JJAA).

In addition, interest on housing loans on the self-occupied or vacant property (Section 24) and any deductions on facilities and perquisites have been discontinued under the new regime.

Additional Exemptions and Deductions Available

A few additional exemptions and deductions were introduced under the new regime, which were not available in the older regulations. It includes transport allowance for specially-abled individuals, conveyance allowance, compensation on the cost of travel during transfer or tours, employer’s contribution to NPS account (Section 80CCD(2)), additional employee cost (Section 80JJA), and standard deduction (of Rs. 50000 discussed before).

Furthermore, the budget also introduced deductions under Section 57(iia) as expenses towards family pension income. The new regime also has made arrangements for deductions under Agniveer Corpus Fund under Section 80CCH(2).

Comparison between the two regimes

The two regimes differ, depending on the tax planning tools a taxpayer uses to choose between the two alternatives. It is critical to consider the total taxable income and whether the taxpayer has deductions under Section 80C, 80D, HRA exemptions/housing loan, where one would prefer the older regime. On the other hand, if the taxpayer does not have such investments and still wishes to reduce the tax liability, the new tax regime can be chosen as the maximum amount not chargeable to tax is higher than the old regime.

By choosing the new tax regime, the individual would find investments in traditional insurance policies or pension plans less attractive as the tax benefits would no longer be available. On the other hand, it would be possible to be self-reliant in terms of using savings and making investment decisions on one’s end.

Summing up

A taxpayer must consider the expected income, investments, housing loans, and other deductions at the start of the financial year. Based on the assessments, either of the two regimes can be chosen. The new tax regime works well for individuals who do not want to invest money in low-yielding options such as life insurance and pension schemes. Taxpayers who manage their investments well through the stock market or other alternative investments can still reduce their total tax liability by choosing the new tax regime.

Innovate Odisha: The Mega Destination for Innovators

Innovate Odisha Hackathon

Bhubaneswar, 20th February 2023: AIC-Nalanda and Karkhana Makerspace organized ‘Innovate Odisha’ at AIC-Nalanda Incubation Centre, Bhubaneswar on 19thand 20th February 2023, which lights up the bright and innovative ideas of creative thinkers. Innovate Odisha is a platform for engineers, non-engineers,students &professionalstocollaborateandbuildinnovative solutions for various challenging problems.

This 24-Hours Hackathon is based on themes of futuristic technology like Internet of Things, Cloud, AI, Future Mobility, Applied Robotics, Metaverse, and Web 3.0. Founder’s Talk, Music Nite, and Community Talk are also part of the program. Renowned guests from the Government and Corporate world will share their valuable thoughts and experiences with the young and enthusiastic innovators.

From over morethan300participants,80 were selected under 20 finalist teams. More than 15eminentspeakers and 30+ corporates were also a part of the program. Exciting cash prizes for Winners & Runners Up will make Innovate Odisha a most sought-after event for innovators.

President of Vedanta Aluminium Limited (Odisha and Chattisgarh) Dr.Tapan Kumar Chand in his address to the gathering said “We must encourage such product hackathons as that will speed up implementation of Industry 4.0 products & services”. He further added that the list of all innovations made during this hackathon should be shared with the Industry Associations & other relevant bodies to ensure seamless integration between innovations done at Business Incubators & Industry.

CEO of AIC-Nalanda Shri Devjyoti Mohanty delivered the welcome address to the gathering and said that “We at AIC-Nalanda have strongly believed that fresh minds create better innovation which is why we as an incubator have always practiced encouraging students across all levels of education.”

The Founder & CEO of Karkhana Makerspace Shri Siddharth Bhatter delivered the vote of thanks.

Innovate Odisha is going to prove itself as an extraordinary platform for students from various Colleges& Universities across the State. It will enable them to use their creativity to innovate and explore new ideas. This Hackathon focuses on Learning than winning and shall be an exciting opportunity for all creative thinkers to meet and develop impactful solutions to re-write India’s true growth story.

Telugu Warriors beat Kerala Strikers in the third game of Celebrity Cricket League 2023

The Celebrity Cricket League 2023 is Reloaded had a scintillating performance by Telugu Warriors who won a keenly contested match with Kerala Strikers and won by 64 runs in Match 3. Telugu Warriors dominated the game right from start. Telugu Warriors scored 148 runs for the loss of 2 wickets in their 1st innings, chasing which, Kerala Strikers scored 98 runs for 5 wickets conceding a lead of 50 runs. Telugu Warriors in their second innings scored 119 runs for 4 wickets setting a target of 170 runs, chasing which Kerala Strikers fell short by 64 runs. The game was entertaining and showcased some amazing performances from both teams.

Match 3: Kerala Strikers Vs Telugu Warriors

Toss: Kerala Strikers won the toss and elected to Field

Tollywood Superstar Venkatesh was present at the game to cheer the Telugu Warriors along with the team and other actresses and influencers adding to the Glamour.

Highlights:

1st Innings Telugu Warriors: Telugu Warriors scored 148 Runs for 2 wickets in the allotted 10 Overs

Captain Akhil Akkineni top scored with 85 Runs in 45 balls with 9 sixes and 5 boundaries, along with his opening partner Prince adding 45 runs for 131 runs opening partnership.

In reply:

1st Innings Kerala Strikers: Kerala Strikers scored 98 Runs for 5 wickets in the allotted 10 Overs conceding a lead of 50 Runs to Telugu Warriors. Wicket Keeper, Rajeev Pillai top scored with 38 runs. Prince from Telugu Warriors was the standout bowler claiming 4 wickets for 18 runs in the allotted 2 overs.

In the 2nd Innings

2nd Innings Telugu Warriors: Telugu Warriors scored 119 Runs for 4 wickets in the allotted 10 Overs setting a Target of 170 runs to win for Kerala Strikers. Captain Akhil top scored with 65 runs from 19 balls.

In reply: Requiring 170 Runs to win

2nd Innings Karnataka Strikers: Karnataka Strikers played a fighting inning scoring 105 runs for 6 wickets in their allotted 10 overs. Rajeev Pillai top scored with 38 runs. Thaman from Telugu Warriors took 3 wickets for 12 runs in his allotted 2 overs.

Result: Winners: Telugu Warriors beat Karnataka Strikers by 64 runs.

Man of the match: Akhil Akkineni (Telugu Warriors).

The league has Parle as the Title Sponsor for CCL 2023 and A23 – a skill-based gaming platform- as this season’s Presenting Sponsor.

According to Mr. Vishnu Vardhan Induri, Founder & Managing Director of Celebrity Cricket League, “We are delighted to bring back the Reimagined, Refreshed, and Reloaded edition of Celebrity Cricket League 2023. This season offers More Cricket, More Celebrities, and More Fun for the visitors with the new format of a T20 with 2 innings of 10 overs per team. We are excited at the response to the first 2 games and look forward to more excitement in the rest of the games.”

Actor-producer Riteish Deshmukh is leading Mumbai Heroes, Punjab De Sher captain is actor Sonu Sood, Bhojpuri Dabanggs has actor Manoj Tiwari as their captain, actor Jisshu Sengupta is leading Bengal Tigers, Karnataka Bulldozers will be led by actor Kiccha Sudeep, Telugu Warriors is headed by actor Akhil Akkineni, Kerala Strikers has actor Kunchacko Boban as their captain and actor Aarya is captain of Chennai Rhinos.

The matches will be telecasted live and exclusively across the ZEE TV network on 6 different channels.

All 19 Games of CCL are to be telecasted on Zee Anmol Cinema, 4 League Matches of the home team, and 2 Semis + 1 Final in their respective Regional language Commentary. Matches of Mumbai Heroes will be telecasted on & Pictures Hindi, PTC Punjab will telecast matches of Punjab De Sher, Zee Cinemalu, Zee Thirai, Zee Pichar, Zee Biskope, Zee Bangla will telecast matches of Telugu Warriors, Chennai Rhinos, Karnataka Bulldozers, Bhojpuri Dabanggs, Bengal Tigers and matches of Kerala Strikers will be telecasted on Flowers TV.

CCL 2023 is all set to thrill cricket and movie fans alike in its new season – Reimagined, Refreshing, and Reloaded!

Fasten your seatbelts for more Fun!!

To plan your next 4 weekends refer to the match schedule enclosed herewith. The next matches are at Jaipur on the 25th & 26th of February 2023.

TELUGU WARRIORS
S.NO. NAME Jersey No.
1 Akhil Akkineni 28
2 Sudheer Babu 7
3 Nikhil 1
4 Raghu 32
5 Samrat 68
6 Ashwin Babu 23
7 Prince 33
8 Ayyappa Sharma (wk) 30
9 Nandakishore 5
10 Vishwa 45
11 Thaman 16

KERALA STRIKERS
S.NO. NAME Jersey No.
1 Rajeev Pillai (wk) 66
2 Unni Mukundan © 22
3 Arjun Nandakumar 06
4 Siddharth Menon 18
5 Manikuttan 33
6 Vijay Yesudas 23
7 Shafeeq Rahman 12
8 Vivek Gopan 30
9 Vinu Mohan 77
10 Prajod Kalabhavan 43
11 Prashanth Alexander 11

India’s biggest Dog and Cat Show: PetGala Delhi organised at Noida Expo Centre in Delhi-NCR

India's biggest Dog and Cat Show

Delhi-NCR: PETGALA is an awesome gathering of pet lovers by pet lovers. We aspire to host a memorable event that celebrates the joy of petting. The event was organized on 19th February at International Trade Expo Centre Noida, Sector 62, starting from 10 am.

Feline Club of India (FCI) hosted its Championship Cat show with two international judges, Mr. Allan Raymond (Australia), Mr. Michael Woods (Australia) with the participation of more than 300 cats in the show, Various breeds like Persians, Maine Coon, Bengal, and our very own IndiMau were presents here.

Mr.Saquib Pathan, President of FCI said that the event includes an adoption drive, which aims to provide as many cats and dogs as possible with a home where they are cared for, welcomed, and wanted. The event will have host of activities for pet lovers like Dog Agility zone, pet fashion show, interactive games, obedience training demonstrations, security dog demonstrations, aquarium setup, vet consultations etc. People can come with their pets and enjoy the day.

AICTE launches BTech Electronics (VLSI Design and Technology), Diploma in IC manufacturing

New Delhi | February 20, 2023

All India Council for Technical Education (AICTE) launched the curriculum designed for two new programs of BTech Electronics (VLSI Design and Technology) and a Diploma in IC manufacturing.

The courses shall be uploaded on the AICTE portal.

Any number of AICTE-affiliated colleges/universities/technical institutions may opt to offer these courses.

This course will provide a variety of employment roles featuring outstanding salary incentives for Indian students in global as well as Indian companies.

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw said, “The PM approved the Semicon India program on Jan 1, 2022. In consultation with the Semiconductor industry and all the experts, a curriculum has been developed and today AICTE within the Ministry of Education has launched two new programs.”

“First is a BTech program in semiconductors and second is a diploma program in semiconductors. These two programs will help us create very good semiconductor talent throughout the engineering ecosystem. I would encourage the youngsters, students, and industries to participate in the programs,” Ashwini Vaishnaw added.

Prof. T G Sitharam, Chairman, AICTE launched the Model Curricula on Semiconductor Design and IC Manufacturing for UG and Diploma students of technical institutions. He shared his experiences while being a faculty of IISc and thereafter part of academic administration at IIT Guwahati. He emphasized on the nature of education the institutions are imparting should be interdisciplinary. Besides, he requested that academic institutions to opt for starting new courses in the area of the semiconductor domain so as to meet future manpower needs.

Dr. P. Shyama Raju, Chancellor, of REVA University thanked AICTE for conducting an interesting event in line with the Mission of the country to become a semiconductor hub. Further, he also requested the industry personnel to come forward and let the academic fraternity be aware of their domain-specific requirements.

The VLSI sector is a high-paying industry and is immune to automation.

It will create an environment for the Semiconductor ecosystem for setting and scaling up.

The B.Tech in Electronics (VLSI Design and Technology) will include Introduction to IC Design and Technology, Digital systems labs, Semiconductor Device Fundamentals, Analog Electronics, Introduction to CMOS processing, Introduction to VLSI Design, Analog IC Design, Statis Timing Analysis, Fabrication and characterization lab and Physics of Electrical engineering materials.

The Diploma in IC Manufacturing will include an Introduction to VLSI Fabrication, Semiconductor Fab familiarisation, Electronic Devices and circuits, Clean room technologies, Semiconductor Technology Equipment Maintenance, Allied activities for the foundry like safety protocol for foundry, vacuum technology, Industrial automation, Semiconductor packaging and testing, Electronics system assembly or product design and Renewable energy technologies.

The Semicon India program (with a total outlay of Rs 76,000 crore) is aimed at the development of the semiconductor and display manufacturing ecosystem in India.

The program provides financial support to companies investing in semiconductors, display manufacturing and design ecosystems.

In line with the Semicon India program, the Chips to Startup (C2S) program aims to train 85,000 engineers (Bachelor, Masters, and Research level combined) qualified in ESDM disciplines over a period of 5 years. Necessary tie-ups with 82 technical education institutes have been made.