Growth Strategy for the Semiconductors Industry

Emerging techs present opportunities for Indian businesses to innovate, grow and contribute to the global semiconductor industry. An interaction with Srinivasa Gupta, CTO, SmartSoC Solution

- BHARTI TREHAN

What are some of the key emerging technologies within the semiconductor industry that will have a significant impact on Indian markets?

Some of the key emerging technologies in the semiconductor industry that are poised to have a major impact on the Indian market include -

1. Edge AI and IoT Rapid urbanisation, coupled with income growth, has led to greater affordability of goods and consequently an increase in demand for mobile phones, tablets, and other household appliances. Many use cases required Edge AI and IoT solutions using real-time data processing and automation at the device level. This upward spiral continues, expands the present market and creates new markets. AI-based traffic management, surveillance, based eldercare and health monitoring applications are a few examples.

2. 5G and Beyond With the rollout of 5G and planning for future generations, the demand for high-performance semiconductor components is skyrocketing. This development supports India's goals of digital connectivity across urban and rural areas and enables growth in sectors like healthcare, automotive, and consumer electronics.

3. Quantum Computing Though still in the early stages, quantum computing represents a transformative future for areas like cybersecurity, drug discovery, and complex simulations, which could place India at the forefront of tech-driven innovation.

Each of these technologies presents opportunities for Indian businesses to innovate, grow and contribute to the global semiconductor ecosystem.

What growth opportunities do you see for the Indian semiconductor industry in the coming years, especially in light of government support and policy initiatives?