Hyderabad :
The first-ever Photonics Valley in the world will come up in Telangana soon. A memorandum of understanding (MoU) was signed by state IT secretary Harpreet Singh and PhotonIC Corporation’s CEO Birendra Raj Dutt in the presence of chief minister K Chandrasekhar Rao and IT minister KT Rama Rao here on Saturday.
According to sources, the proposed Photonics Valley will have not one single industry but many related to the field, making investments to the tune of ` 7,000 crore. Once the project is ready, it is expected to provide employment to around 50,000 youths. The Valley would be operationalised in four years, sources said.
PhotonIC is a company having its registered office at Los Angeles in California, US. The PhotonIC International Private Ltd, Singapore is a technology company and sister company of PhotonIC Corporation that has evolved an expertise in photonics.
The company is executing various projects for the US military including defence advanced research projects and naval air systems command. The company has evolved state-of-the-art technology which encompasses development and operation of design, modelling and testing capabilities in support of standard and novel processing technology for commercial prototyping of photonic integrated circuits and related devices.
PhotonIC Corporation develops, fabricates, and manufactures highly-integrated photonic and electronic devices that promise to revolutionise conventional electronics by overcoming the inherent limitations of copper circuitry.
To achieve this, PhotonIC will establish silicon and CMOS processes to integrate optical and electronic components on a single substrate, thereby reaping the benefits of reduced power consumption and vastly increased bandwidth at significantly lower costs.
Both the state government and PhotonIC agreed to collaborate on setting up an ecosystem to facilitate the institutionalisation of all processes related to photonics. They have also agreed to evolve, test and produce the next generation chips by using Silicon Photonics and compound semi-conductor photonics technology.
source: http://www.newindianexpress.com / The New Indian Express / Home> States> Telangana / by Express News Service / February 15th, 2015