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Infineon Supports Ecosystem Development in Green Agriculture in Collaboration With Invest India on Motor Drive Design Challenge for Solar Pumps

  • Thursday, August 19, 2021 5:57PM IST (12:27PM GMT)
 
Bangalore, Karnataka, India:  Infineon Technologies, a world leader in semiconductors, supports development of affordable and reliable solar powered irrigation systems for farmers, designed and manufactured locally. Its ‘Infineon Solar Pump Motor Drive Design Challenge 2021' initiative concluded today with the announcement of three top submissions for working designs in motor drive solution for solar pumps.
 
Organized in collaboration with Invest India; and in partnership with Avnet India, the challenge sought a viable solution for solar pump motor drives to enable local manufacturers in India to reduce overall dependency on imports, and support domestic solar pump ecosystem. Moreover, this challenge aimed to support the Government of India’s countrywide ‘Atmanirbhar Bharat’, ‘Make In India’ & ‘PM-KUSUM’ initiatives, by making life easier and greener with microelectronics from Infineon.
 
“Solar pump manufacturers rely on overseas suppliers for drives, hampering build-up of local competence and ecosystem. To reverse the effects, it is integral to build energy efficient and cost effective motor drive solutions for pumps locally,” said Vivek Mahajan, Vice President & Division Head for Industrial Power Control, Infineon Technologies Asia Pacific. “This initiative is aimed at bridging the gap between the real and the digital world, by bringing together techies and the business experts on the same platform and build a viable, marketable solution which will support the Indian Solar Pump industry.”
 
Deepak Bagla, MD & CEO, Invest India said “This challenge comes at an opportune time, as India is working at unprecedented speed to accomplish the SDGs, especially in renewable energy & sustainable development. Through Startup India we are committed to fostering a culture of innovation aimed at creating lasting socio-economic impact.”
 
“Avnet has been working closely with local companies to drive solar power solutions that support India in achieving its renewable energy target of 450 gigawatts (GW) by 2030. We are excited to be part of this meaningful partnership, supporting local innovators to develop solutions that provide cleaner, more sustainable and affordable energy in India,” said Kamath Suresh, Managing Director, Avnet India.
 
Infineon launched the Solar Pump Motor Drive Design Challenge 2021 in January 2021. The initiative was started in collaboration with Invest India and Avnet India, and several preliminary rounds later, Infineon selected ten finalists from over 300 start-up applications. Young entrepreneurs from across the country submitted their solutions to a jury whose members included technology experts from Infineon.
 
Konmos Technology Pvt Ltd won the challenge, Sunmint Energy Pvt Ltd secured the first runner-up spot, and Ether Energy Pvt Ltd secured the second runner-up spot. The winning teams were awarded electronics gadgets worth a total of up to ₹8 lakh. Alongside, the winning team was also offered an opportunity to further build on their solution as part of a pilot project with the challenge industry partners, Amber Enterprises & Virtual Forest, with funding of up to ₹5 lakh.
 
Infineon has been actively engaging with the startup and entrepreneur ecosystem in India since 2017. Over the past few years, the company has partnered with the Atal Innovation Mission (AIM) at Niti Aayog and various incubators across India including Electropreneur Park and NSRCEL to foster and nurture promising startups and drive tomorrow‘s solutions addressing some key societal concerns. Most recently, Infineon has been actively funding technology-based healthcare solutions developed by premier institutes to enable India to fight the COVID-19 pandemic. 


About Infineon Technologies

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.

Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Further information is available at www.infineon.com.

This press release is available online at www.infineon.com/press.

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About Invest India

Invest India, is the National Investment Promotion and Facilitation Agency of India and act as the first point of reference for investors in India. Invest India focuses on sector-specific investor targeting and development of new partnerships to enable sustainable investments in India. Invest India also partners with other investment promotion agencies and multilateral organizations. Invest India also actively works with several Indian states to build capacity as well as bring in global best practices in investment targeting, promotion and facilitation areas. Invest India, set up in 2009, is a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
Click here for Media Contact Details

Chi Kang David Ong (Asia-Pacific), Infineon, [email protected], +65 6876 3070

Dr Mamta Pant Abichandani (India), Infineon, [email protected], +91 (11) 243648823

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