India is rapidly becoming a key player in global semiconductor development, and Infineon Technologies is stepping up its efforts to strengthen the country’s startup ecosystem. As a leading company in power semiconductors and IoT solutions, Infineon has long worked with Indian startups to foster innovation and entrepreneurship. In line with the “Make in India” initiative, the company has forged strategic alliances with government bodies such as NITI Aayog, Startup India, and the Ministry of Electronics and Information Technology (MEITY).
Infineon India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT). This agreement is aimed at nurturing India’s innovation ecosystem by encouraging engineering talent, product-focused startups, and early-stage companies to work on real-world design challenges. Participants will use Infineon’s hardware and tools to create solutions relevant to India’s needs, particularly in IoT, sustainable mobility, and digital security.
“We believe in enabling India’s microelectronics and startup sectors,” said Vinay Shenoy, Managing Director, Infineon India. “The MoU with DPIIT is an important step toward providing emerging companies access to our advanced technologies, technical guidance, and global network. This not only helps local entrepreneurs grow but also brings fresh thinking into our ecosystem.”
Infineon has worked with several academic and technology incubators across India, including the Foundation for Science Innovation and Development at IISc Bangalore, the incubation cell at IIT Madras, and AI & Robotics Technology Park (Artpark). These collaborations help provide startups with access to technical resources, expert mentorship, and funding opportunities.
Among its notable efforts are initiatives such as the AI Challenge with Startup India and AGNIi, the solar pump motor drive challenge, and a partnership with the MEITY Startup Hub—all designed to promote practical, impactful innovation from Indian entrepreneurs. Infineon’s co-innovation program is fostering partnerships with emerging startups that are driving progress in sustainability and digital health. By providing advanced semiconductor solutions, Infineon is enabling innovative companies to accelerate product development and bring impactful technologies to market.
In the electric mobility space, e-Drift Electric is building energy-efficient EV charging modules powered by Infineon’s Si and SiC MOSFET components, helping expand India’s charging infrastructure. Similarly, EYDelta is leveraging Infineon technologies to enhance the production of electric motors and controllers for EVs, drones, and aerospace systems. Their AI-driven, cloud-connected solutions reduce emissions, optimize performance, and improve energy efficiency.
In healthcare, Bengaluru-based startup Mimyk, incubated at IISc, is collaborating with Infineon to develop advanced metabolic monitoring devices. Using Infineon microcontrollers, Mimyk is working to create smarter, more affordable, and widely accessible health tracking tools, strengthening the role of digital technology in personal and preventive healthcare. These collaborations are part of a broader strategy to connect emerging companies with global semiconductor expertise, helping them scale quickly and efficiently.
Infineon Technologies AG is a global leader in semiconductors for power and IoT applications. With a workforce of over 58,000 and annual revenue of €15 billion (FY 2024), the company is driving key advancements in digitalization and energy efficiency. Infineon is listed on the Frankfurt Stock Exchange (IFX) and traded in the U.S. on the OTCQX International market (IFNNY).
Operating in India for more than 25 years, Infineon employs over 2,500 people across five locations. The company plays a key role in semiconductor design, embedded software development, and regional sales, making India a strategic base for both R&D and market growth.
