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IZMO’s arm enters into MoU with IIT Madras for phase II of CPPICS

07 Oct 2026 Evaluate

IZMO’s semiconductor subsidiary -- izmo Microsystems has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology Madras (IIT Madras) for Phase II of the Centre for Programmable Photonic Integrated Circuits and Systems (CPPICS).

The Phase II program, titled Silicon Photonics Enabled Cutting-edge Technology Research and Applications (SPECTRA), has been sanctioned by the Ministry of Electronics and Information Technology (MeitY), Government of India, with a total project outlay of Rs 99.94 crore. The five-year program includes a MeitY contribution of Rs 97.54 crore and a Rs 2.40 crore cash and in-kind commitment from izmo Microsystems.

CPPICS Phase II is designed to advance silicon photonics technologies from research towards commercially deployable products, covering photonic integrated circuit design, fabrication, characterization, advanced packaging, testing and system integration.

IZMO is the world leader in interactive marketing solutions. The company offers hi-tech automotive e-retailing solutions in North America, Europe, and Asia.

Peers
Company Name CMP
TCS 2096.55
Infosys 996.70
HCL Technologies 1186.20
Wipro 159.80
Tech Mahindra 1498.00
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