BENGALURU, India Although the prospect of setting up a manufacturing facility is far from his plans in India, Texas Instruments CEO Rich Templeton is certainly excited about the Indian semiconductor policy that was announced a few weeks ago.
And on a visit to the country, Templeton announced a partnership with the Bengaluru--based Indian Institute of Science (IISc).
"I am excited about anything which opens up the market and it is indeed a sign of great opportunity here in India for technology companies," Templeton said.
IISc will join TI's premier research network and becomes the first university outside of the U.S. to be so affiliated.
Although he categorically ruled out the possibility of setting up a semiconductor fab here saying that TI currently has sufficient manufacturing capacity around the world, Templeton added: "If we see that there is additional capacity in India, we will certainly use it."
He said the company's focus in India is on new ideas and innovations rather than manufacturing. "There are a lot of places around the world where we can manufacture but it is in India that we can get research and innovation coming out –which would have a local and global impact."
The three key areas that TI is looking at here, Templeton said , are world class R&D; the booming wireless and telecom market where about 5 million new subscribers are being added every month ; and customer support to both local and global customers.
One aspect of his optimism has resulted in inviting the IISc as one of Top 4 Leadership Universities in the world, the other three all being in the U.S: Georgia Tech, Rice University and MIT. Templeton said the partnership would build on TI's commitment to education and advanced research in India.
TI selected IISc as a leadership university based on its in-depth knowledge of technology, deep understanding of industry's needs, as well as its focus on technologies such as wireless, consumer, medical, and industrial applications.
The university will receive seed funding of $400,000 over five years, which extends an existing funding relationship. That helped set up a DSP group and R&D lab as far back as 1996.
The IISc will also gain enhanced access to TI's teams worldwide, and an opportunity to work with TI's other Leadership Universities on future TI funded programs. The funding will be used to support research programs for industry specific applications as well as curriculum development in DSP, analog and mixed signal systems.
"The higher education in engineering and science you get here provides you with critical skills and also enables you to transform the lives of millions through invention and discovery. Our goal in joining with IISc through the Leadership University program is to enable engineers to use electronics innovation to enrich lives," Templeton said.