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National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) + SAMRIDHI

mind map

Key points from the mind map:

  • NM-ICPS Overview: A Government of India initiative under the Department of Science & Technology focusing on research and development in areas like cybernetics, mechatronics, IoT, AI, etc.
  • Focus Areas of NM-ICPS: Emphasizes development in key sectors including health, education, energy, environment, agriculture, security, and Industry 4.0.
  • Financial Aspects: NM-ICPS provides Rs 115 crore for each TIH over five years, while SAMRIDHI offers up to Rs 40 lakh per startup.
  • Impact of NM-ICPS: 496 technological products developed, creation of 928 jobs, numerous skill development programs, intellectual activities, and international collaborations.
  • Technology Innovation Hubs (TIHs): 25 TIHs established across India under NM-ICPS, contributing to various sectors with innovative technologies.
  • SAMRIDHI Program: Launched by MeitY to support Indian software product startups with up to Rs 40 lakh investment, aiming to accelerate 300 startups.
  • SAMRIDHI’s Goal: To enhance the growth of the Indian startup ecosystem, positioning India as the third largest unicorn hub globally.
  • Implementation and Eligibility: Both initiatives are implemented through specific agencies and target academic and R&D institutions, with NM-ICPS focusing on top-ranking institutions.

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