Press Release
EPIC Foundation Signs MOU with KDEM, Announces Launch of First 100% ‘Designed in India’ Tablet, LED Driver Chip

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EPIC Foundation, a not-for-profit organization founded by industry veterans and Cofounders of HCL Dr Ajai Chowdhry and Arjun Malhotra unveiled its vision aimed at transforming India into as an Electronic Hardware Product Nation. With a highly skilled young workforce and competitive wages coupled with the right geopolitical nudge, the foundation believes India can become the next design and manufacturing destination, thereby contributing to making India a US $400bn Electronics industry.
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EPIC Foundation signed an Mou with Karnataka Digital Economy Mission (KDEM) to support start-up incubators and accelerators to boost hardware product manufacturing within the state
As part of its vision, the foundation announced the launch of two products – a) an LED Driver chip that is designed by a startup in Bengaluru and ready to go into production to replace a Chinese chip and; b) first 100% Designed in India Tablet for education and social empowerment with unique features of repairability and upgradability, developed on the principles of repair-reuse-recycle – not found in any other imported tablet. The foundation also signed an MOU with Karnataka Digital Economy Mission (KDEM) and is presently in advanced discussions with several other academic institutions, with an aim to develop distinct “Designed in India” products catering to 1.4 billion Indians. The MOU with KDEM was signed by Dr Ajai Chowdhry and Shri BV Naidu, Chairman, Karnataka Digital Economy Mission. EPIC Foundation recently entered into an MOU with the Andhra Pradesh Electronics and IT Agency (APEITA), whereby the foundation will be advising and enabling APEITA on technical and strategic interventions with an aim to strengthen the electronics sector in the state.
Dr Ajai Chowdhry, Chairman, EPIC Foundation and Member of the MeitY task force to realise India’s potential to become a Product Nation said, “Creating a robust design & manufacturing ecosystem requires tremendous amount of support from all stakeholders. EPIC Foundation aims to be the interface between Industry and State Government with MEITY, Niti Aayog DST and DPIIT to address key challenges and recalibrate the policies. Solidifying its commitment to move the nation up the value chain to be at the forefront of design, manufacturing and production, EPIC Foundation will work towards enabling critical Global Collaboration with Key ESDM regions like Taiwan, South Korea, Israel, Japan and the USA.”
Commenting on the MoU with KDEM, Chowdhry added, “KDEM is working on ESDM sector growth under the Beyond Bengaluru initiative which covers cities such as Mysore, Hubli, Belgaum, Mangalore, Shivamogga. They have start up incubators and accelerators. We will support these start ups with Technical mentoring, go-to-market strategies and help overcome operational issues and challenges.”
The announcements came in the presence of Shri. Amitesh Sinha, Joint Secretary Ministry of Electronics and Information Technology; Shri. BV Naidu, Chairman, Karnataka Digital Economy Mission; Mr Sanjeev Gupta, CEO, Karnataka Digital Economy Mission; Mr Mohandas Pai, Chairman Aarin Capital and Manipal Global Education; Mr Sharad Sharma, Co-founder iSPIRIT, Mr Amrit Manwani, CMD, Sahasra Group and other eminent guests from Industry, government, and Academia.
Shri. Amitesh Sinha, Joint Secretary, Ministry of Electronics and Information Technology said, “The largest part of the value chain is product designing, is a concept where the design company has full control over the entire value chain including selection of materials, vendors for component manufacturing and finally selling of the product. The concept itself is very important. The increased demand for electronic hardware products is boosting the market size. Focussed government schemes on product manufacturing are being deployed. We have the right talent pool. Time has come to make India’s own products.”
Sinha continued, “Government from its side is trying to create demand for products. That demand is coming in a different way. Telecom for instance is clearly an element of design. Similarly, PLI in IT Hardware 2.0 is an element of designing of a processor; and there are several other areas. Going forward, we will see a lot of policies which will support such initiatives. I wish EPIC Foundation that it should take this journey forward. Dr Ajai Chowdhry is known for his passion and is driving this initiative. I am hopeful he will come up with a framework to support this initiative.”
Propelling the vision of ‘India, the Product Nation’ EPIC Foundation will support and work closely with State Governments in implementing ESDM policies. To leverage positive economies of scale, the foundation has deployed ‘Right to Repair’ policy where it will not only support product design companies to design products for serviceability but also identify service companies to service the products.
“The highly skilled, young work force of India along with a favourable geopolitical environment present an opportune time for India to take the plunge into becoming a global hub for the electronics industry. We are continuously tapping into those opportunities and are looking at increasing design, manufacturing and production capacities. The launch of the two products today is just the beginning; we have a steady roadmap of developing and empowering 500 successful hardware product design companies by supporting them with financial assistance and funding, mentoring, certification and testing, manufacturing and market access,” Chowdhry added.
EPIC Foundation’s strategic priorities encompass several key areas. These include forming collaborative partnerships with 4-5 esteemed technical institutes in specific states to foster innovation. Additionally the foundation will actively participate in policy advocacy, collaborating with both Central and State Government bodies to incentivize product development and manufacturing (DLI Model). To further bolster market demand, EPIC Foundation is dedicated to reviving and collaborating with various government agencies to implement the Preferential Market Access (PMA) Policy at both the Central and State levels.
About EPIC Foundation
EPIC Foundation is a not-for-profit organization founded by industry veterans and HCL Co-founders Dr Ajai Chowdhry and Arjun Malhotra with an aim to revive India Electronics Industry by creating Indian Products and Indian Brands for Electronics Products of national importance. EPIC Foundation’s philosophy is to create equitable access for all citizens including differently abled fellow citizens. The foundation is working with the industry, government, and academia to develop and scale India’s design and manufacturing capabilities.
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Press Release
New Study Reveals Majority of Indians Prioritize Nutrition Over Taste, Surpassing Global Average

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Based on a recent survey of urban Indian consumers:
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Nine out of 10 consumers are searching for protein-rich food compared to seven out of 10 global shoppers. -
The top four qualities consumers look for when buying snacks are (1) natural, (2) heart-healthy, (3) protein-rich and (4) energy-source, all of which come before satisfying cravings. -
Nuts have emerged as one of the most popular snacking choices, with 86% of Indian shoppers report having purchased them in a span of 6 months. -
Urban Indians read nutrition labels more than the global average, reflecting a growing trend towards informed purchasing. -
69% of urban dwellers surveyed have the opinion that plant-based protein is just as good as meat-based protein, exceeding the global average of 55%.
Wonderful Pistachios, the world’s largest grower and processor of pistachios and distributor of California Pistachios in India, released today, World Nutrition Day, the findings of a new global study that sheds light on the snacking habits of urban Indians. The study, commissioned with Material, a leading global research consultancy, included 10 countries and over 12,400 respondents, revealed a new behavioural trend that urban Indian consumers prioritize nutrition over taste when it comes to snacking. This growing preference for healthy snacking emphasizes the importance of good nutrition for overall well-being.
For the India market specifically, the study delved into the snacking habits of 2,415 shoppers across six Indian cities, which represented a population of approximately 35.9 million consumers. Remarkably, a majority of urban Indians (58%) reported basing their food purchasing decisions on nutritional benefits more than taste, exceeding the global average of 52%. Delhi and Ahmedabad lead with over 60% of urban shoppers preferring nutrition in their food. Bengaluru and Chennai follow closely, indicating a nationwide shift towards smarter snacking preferences. In India, Millennials and Gen Z are leading the charge in health-conscious purchasing decisions, with more than 83% of consumers in these age groups reading nutritional labels before buying.
Indian consumers prioritize four key factors when shopping for nutritional snacks: natural (free of artificial colours and preservatives), heart-healthy, protein-rich, and provides energy. Nine out of 10 urban shoppers consciously seek protein-rich food options, compared to the global average of seven out of 10. The focus on nutrition has fueled the rise of nuts as a preferred snack choice, becoming essential to daily eating habits. The study found a staggering consumption of nuts, with 86% of Indian shoppers report purchasing them in a span of 6 months, compared to just 75% globally. With 6g of protein in per 28g serving, California Pistachios are a smart snack choice that provides benefits without sacrificing taste.
Shail Pancholi, Country Director, India, Wonderful Pistachios, commented on the study, saying, “Nuts were traditionally used as garnishes and consumed during festivals, but have now become a popular snack in India, indicating a notable shift in dietary habits. Pistachio consumption in India has doubled in the last six years, as consumer awareness of the nutritional benefits that pistachios offer has grown. Consumers are discovering that pistachios are naturally cholesterol-free, rich in plant-based protein and dietary fiber, and provide over 30 different vitamins and minerals.”
Interestingly, the study found that nuts are the second most preferred snack among urban Indian consumers, with 64% of Baby Boomers and 59% of Gen Z prioritizing nutrition over taste when selecting food. This indicates a growing focus on health across generations, with Baby Boomers focusing on senior wellness and Gen Z reflecting the rise of mindful purchasing. Though on opposite ends of the age spectrum, these two generations take the lead in seeking protein-rich options, as well as preferring natural snacks.
Mumbai tops most of the consideration sets when choosing a snack. Residents opt for natural ingredients (35% vs. the national average of 30%), heart-healthy options (33% vs. 30%), and protein (33% vs. 29%). Chennai residents look for energy-boosting snacks (31% vs. the national average of 29%).
The fact that 69% of urban Indians surveyed have the opinion that that plant-based protein is just as good as meat-based protein reflects a positive shift towards varied dietary preferences. Pistachios are a good source of high-quality complete protein, containing all nine essential amino acids. A 28g serving of pistachios provides 6g of protein, which is 11% of the recommended daily allowance (RDA) according to FSSAI.
The Wonderful Pistachios study unveils a compelling shift in Indian snacking habits. Nuts are evolving from festive treats to a daily snacking staple, fueled by a nationwide preference for more nutritious options. The trend transcends generations, resonating with Gen Z and Baby Boomers alike, underscoring the growing importance of mindful eating in urban India. As consumers increasingly seek natural, heart-healthy, protein-rich, and energy-boosting snacks, the future of Indian snacking appears to be firmly rooted in nutrition and well-being.
Wonderful Pistachios
Wonderful® Pistachios is the world’s largest grower and processor of pistachios, with a global presence in over 70 countries. As a vertically integrated operation, they are experts in every step of the process from tree to shelf, ensuring the highest-quality product every time. In tandem with its Grower Partners, Wonderful Pistachios harvests 125,000 sunny acres (50,000 hectares) of land in California that receive warm days and cool nights, which work in harmony with the rich, natural soils to create the perfect growing climate for high-quality pistachios. They ship 600 million pounds (204 million kg) of nuts worldwide from their advanced processing facilities to ensure the highest standards are met. When it comes to pistachios, Wonderful® Pistachios expertise is unmatched in scale and capacity, paired with warehouses and sales teams worldwide that are well-equipped to provide support at every step of the way.
California Pistachios
California Pistachios are grown and distributed by The Wonderful Company, the world’s largest vertically integrated pistachio processor and marketer located in California’s Central Valley. California Pistachios are Non-GMO, providing a smart, healthy choice for consumers around the world. Sun-ripened in the moderate Mediterranean climate of California, these distinctively green nuts pack taste and contain antioxidants and over 30 different nutrients. California Pistachios in India are available under leading brands and private labels at retail outlets, grocery stores, and online platforms.
For more information about California Pistachios India, please visit www.b2b.wonderfulpistachios.com
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Press Release
Singapore Prepares Ahead to Leverage Artificial Intelligence for a Better Future

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SINGAPORE, May 31, 2024 /PRNewswire/ — Senior Minister of State for Communications and Information Tan Kiat How launched the Digital Enterprise Blueprint (DEB) at Asia Tech x Singapore (ATxSG) 2024 today. The Blueprint will enable SMEs to harness technology, optimise the way they work, and strengthen digital resilience and cybersecurity across the ecosystem. 50,000 SMEs are expected to benefit over the next five years through four key focus areas:
- Empower enterprises to be smarter by adopting AI-enabled solutions
- Enable enterprises to scale faster through cloud-based and integrated solutions
- Equip enterprises to be safer through improved cyber resilience
- Support enterprises to upskill workers to make full use of digital capabilities
Seven partners have come onboard to pledge their commitment, including Singapore Business Federation, Singapore Computer Society, SGTech, Amazon Web Services, Google, Microsoft and Salesforce.
In collaboration with IMDA and the TechSkills Accelerator for ITE and Polytechnics Alliance, SGTech is launching the Tech Apprenticeship Programme to expand the career pathways of graduates by providing access to industry apprenticeships that offer on-the-job training and development opportunities. Over the next two and a half years, SGTech aims to facilitate the placement of at least 300 apprentices who are fresh or mid-career professionals from polytechnic or ITE backgrounds, and drive the adoption of similar practices that promote more inclusive hiring and career agility.
IMDA and the Singapore Academy of Law (SAL) signed an MoU aimed at uplifting the legal sector’s productivity through the use of GenAI. As part of this partnership, GPT-Legal, a new large language model which is contextualised for Singapore’s legal sector, will be co-developed. The model will be integrated into SAL’s research platform LawNet, which is accessible by 75% of Singapore’s lawyers. SAL will also be penning an MoU with the National University of Singapore and AI Singapore to develop its AI capabilities and create a certification to recognise AI specialists in the legal profession.
Additionally, Tribe and Digital Industry Singapore announced a collaboration with NVIDIA to launch the Ignition AI Accelerator for AI startups to create and bring to market the next wave of advancement in AI solutions. This programme will nurture 15 high-potential startups, equipping them with well-rounded support covering business and technical needs. NVIDIA and Tribe will also collaborate with EnterpriseSG to offer qualified AI startups funding support through the Startup SG Tech scheme, and assist them through the IMDA Accreditation process.
Singapore hosted the final meeting of the UN Secretary-General’s Artificial Intelligence Advisory Body (AIAB) from 28-29 May. As part of the agenda, Singapore facilitated an engagement session between AIAB and the Digital Forum of Small States (Digital FOSS). Digital FOSS Fellows exchanged views with AIAB members on the topic of AI governance, particularly on the implications and challenges faced by small states. Through such efforts, Singapore aims to promote a more inclusive approach towards shaping global AI and digital governance.
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One in Six Globally Concerned About Colorectal Cancer Screening Costs

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SHENZHEN, China, May 31, 2024 /PRNewswire/ — By 2040, the burden of colorectal cancer (CRC) is projected to increase to 3.2 million new cases and 1.6 million deaths per year representing a 66% and 71% rise in new cases and deaths respectively relative to 2020.

To better address the global burden of CRC and reduce its impact, BGI Genomics has launched the second edition of its global CRC awareness report, covering 1,938 respondents from Brazil (306), China (367), Poland (300), Saudi Arabia (300), Thailand (362), and Uruguay (303):
CRC Screening Gaps Vary Globally: Nearly half (49.3%) of global respondents have never undergone CRC screening, with the highest proportions in Saudi Arabia (62.0%) and Poland (61.0%).
Preference for Fecal Testing Over Colonoscopy: Although colonoscopies are more recognized (33.4%), fecal tests at healthcare facilities are preferred (31.8%), reflecting a trend towards non-invasive methods.
Cost and Fear are Determinants of Screening Choice: Fear of colonoscopy (18.2%) and screening costs (17.7%) are major barriers to CRC screening. Poland (24.7%) and Uruguay (21.0%) show the highest fear of colonoscopy, while Thailand (24.5%) and Brazil (20%) indicate the most concern about costs.
Medical Advice and Family History Drive CRC Screening: Doctor’s recommendations are a major driver for CRC screening (30.5% globally), with Uruguay showing the highest adherence (44.1%). Additionally, those with a family history of CRC are more proactive in screening (64.5%), compared to the general population (35.0%).
Prof. Varut Lohsiriwat from Mahidol University offers his insights to this report. He suggested: “The essence of effective cancer screening lies in the acceptance and adherence of the patient to the screening method. The best screening method is the one that the patient accepts and adheres to because that’s the method that will actually benefit them.”
Dr. Zhu Shida, BGI Genomics Deputy GM, notes: “At BGI Genomics, we focused our efforts on developing advanced molecular biology testing techniques to close the gap [between acceptance and accessibility]. The ultimate goal is to transform colorectal cancer from a life-threatening disease into a manageable condition through widespread, early screening and intervention.”
For more region-level comparisons, access the full BGI Genomics 2024 State of CRC Awareness Report.
All data involved in this report come from the results of an online survey project conducted by BGI Genomics. It only surveys awareness related to colorectal cancer and does not involve personally identifiable data.
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View original content:https://www.prnewswire.co.uk/news-releases/one-in-six-globally-concerned-about-colorectal-cancer-screening-costs-302159170.html
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