Chennai, April 24 -- The SRM Institute of Science and Technology (SRMIST) on Friday has signed a strategic Memorandum of Understanding (MoU) with IVP Semiconductor to foster collaboration in indigenous semiconductor research, chip design, and workforce development.

This partnership marks a significant step toward strengthening India's capabilities in the semiconductor domain by promoting self-reliance and indigenous technology development.

Under the MoU, the institute will undertake research and development initiatives in key areas such as chip design and power semiconductor device engineering for next-generation technologies, with a strong focus on developing indigenous solutions tailored to national needs, according to a release.

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