EPIC Foundation to enable manufacture of 700 million LED chips, 10 million indigenous tablets

Chandigarh, April 15, 2022: EPIC Foundation, a not-for-profit organization founded by HCL Founder Dr. Ajai Chowdhry along with fellow HCL founder Arjun Malhotra and semiconductor industry veteran Dr. Satya Gupta was launched with the aim to revive India Electronics Industry by creating Indian products and Indian Brands for the Electronics products of national importance. The launch function was presided over by chief guest Dr. V.K. Saraswat, Member NITI Aayog, Shri. Jasmine Shah, Vice-Chairperson Dialogue and Development Commission of Delhi, Dr. Srivari Chandrasekhar, Secretary, Department of Science & Technology, Government of India, , Shri Amitesh Kumar Sinha, Joint Secretary MEITY and the eminent guests from Industry, government, and Academia.

EPIC Foundation was formed with the strong support from Industry and academia with two primary objectives to create “Indian” Electronics products and “Indian” Brands in High-Impact/High-Volume categories and Drive demand for Semiconductor Chips by scaling the volume for these Indian Electronics Products.

Dr. Ajai Chowdhry, Chairman EPIC Foundation “We are pleased to announce the launch of EPIC foundation. Our aim is to take Indian Electronics to real Atma Nirbharta, from design of Electronics products to Manufacturing and Design & Manufacturing of Semiconductor Chips. We will work closely with all Industry associations, academia, industry and government to achieve EPIC foundations mission”

Speaking about the Foundation, Arjun Malhotra, Co-Chairman EPIC Foundation added, “Our mission at EPIC Foundation is to bring lost glory back for Indian Electronics products and brands. With a unique approach and strong support of Industry, academia and government, we are very confident to achieve this mission for creating Self-Reliance for Electronics in India”

For building a strong ecosystem of partners, EPIC Foundation has signed a MoU with the government of Delhi for setting up an Electronics City in Delhi and working with other states for developing the Electronics Product Design and Manufacturing eco-system. A Strong partnership with Academia is essential and EPIC Foundation has signed MoUs with IIT Kanpur and IIT Madras. Industry associations are a very critical part of the Electronics & Semiconductor ecosystem. The major industry associations in the Electronics & Semiconductor domain, IESA, ELCINA, MAIT, ESSCI, ELCOMA are supporting EPIC Foundation’s mission.

Dr. Satya Gupta, CEO, EPIC Foundation said, “We conceived the foundation with the intent to revive Indian Electronics Products and Brands with indigenous design and manufacturing. The Educational Tablet project and LED Chip project are very close to my heart as one addresses the social empowerment of 1.3 Billion Indians and the other puts the wings to India’s Semiconductor Mission. It is Very heartening to see overwhelming support to the EPIC Foundation from all parts of Global ecosystem.”