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India's Semiconductor Boom: The Rise of Silicon Powerhouses
Bisinfotech
|February 2025
India is fast emerging as a pivotal player in the global semiconductor landscape, fueled by a surge in government initiatives, strategic investments, and technological advancements.
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With the digital revolution transforming every sector from automotive to telecommunications, semiconductors have become the backbone of modern innovation. Recognizing this critical need, India is fostering a vibrant ecosystem of silicon powerhouses, attracting global giants while nurturing homegrown startups. As the nation races to establish itself as a semiconductor manufacturing hub, it aims to become a key contributor to the world's tech-driven future. Enunciating the same, we have erudite notions from- C Arun Kumar, Head of Consumer Business, Signify Greater India; Pankaj Panjwani, CEO and Founder, KeenSemi; Raja Manickam, Founder and CEO, iVP Semi.
Driving Forces Behind India's Semiconductor Surge
C Arun Kumar states that India is swiftly emerging as a formidable force in the global semiconductor industry, driven by a confluence of factors such as increasing demand for consumer electronics, robust government initiatives, and strategic international partnerships. The dynamic growth trajectory underscores India’s potential to become a leading hub for semiconductor innovation and manufacturing, contributing significantly to the global supply chain and technological advancements driven by several key factors:
Demand Surge and Technological Transformation: The adoption of AI, IoT, and ML has increased semiconductor demand. India is investing to meet this global need.
Government Initiatives: Programs like 'Make in India' and the India Semiconductor Mission (ISM) foster growth and innovation.
Collaborative International Partnerships: Partnerships with global players are crucial and Initiatives like iCET highlight India's commitment to international cooperation.
Skilled Workforce and Education: India's
Driving Forces Behind India's Semiconductor Surge
This story is from the February 2025 edition of Bisinfotech.
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