India's chip initiative stresses IP

The effort includes a patent strategy designed to convert intellectual property generated by Indian universities into patents. The group said it would assist the effort by subsidizing legal costs for patent filings here and in the U.S. It will also award doctoral scholarships to talented engineers.

"With this initiative we intend to institutionalize patent awareness amongst Indian universities, thus fueling technology innovations," said Rajendra Khare, ISA chairman and managing director of Broadcom India.