New Delhi, February 19 Chip company Qualcomm Technologies has pledged to invest Rs 90 crore over the next five years to support research programs in India, which will be jointly identified by the company and Anusandhan National Research Foundation, the US-based firm said on Thursday.
Under this strategic collaboration, Qualcomm Technologies plans to strengthen India's research infrastructure to enhance the nation's research capabilities in science, engineering, and next-generation technologies.
"Qualcomm Technologies will contribute up to Rs 90 crore over the next five years to support ANRF's mission-driven research programs. These programs will be jointly identified and selected through ANRF's established evaluation and governance frameworks in priority technology areas, including AI systems, advanced wireless technologies, and next-generation computing," the company said in a statement.
Durga Malladi, Executive Vice President and General Manager, Technology Planning, Edge Solutions & Data Center, Qualcomm Technologies, said that the company believes sustained investment in research is fundamental to building long-term innovation leadership.
"Our collaboration with ANRF reinforces our commitment to India's research ecosystem, supporting mission-driven programs that translate cutting-edge science into real-world impact. Together, we aim to empower researchers, accelerate next-generation technologies, and contribute meaningfully to India's journey as a global innovation hub," Malladi said.
Qualcomm India President Savi Soin said that India has the talent, scale, and ambition to lead the next wave of global technological innovation.