'Supply chain for chips must be diversified'

THE centre is keen to diversify the supply chain of semiconductors and the Ministry of Electronics and Information Technology (Meity) is working on a follow up scheme for promotion of manufacturing of electronic components and semiconductors (SPECS) that ended on March 31, said Meity secretary S Krishnan.

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Speaking during the launch of fabless semiconductor startup IVP, the Meity secretary said, the supply chain for semi-conductor needs to be diversified. "That's partly what the pandemic also taught us not to rely on one sort of supply chain. Some amount of diversification becomes important, and that's what the Government of In- plies and equipment manufacturdia is keen on," he said.

Highlighting the success of India on the design side of the semiconductor industry, he said that 20-25% of the design workforce globally is based out of Ir dia. "But when it comes to manufacturing, it is entirely different services," he added.