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'There can be no bumpy roads to transport semiconductors'

Mint Mumbai

|

August 01, 2023

There are a lot of Korean companies who are either already in the process of moving or have plans for advancing factories in India.

- Shashank Mattoo

'There can be no bumpy roads to transport semiconductors'

South Korean semiconductor firms looking to invest in India have concerns ranging from the stability of electricity supply to the quality of roads, according to Lee Young-Ho, chief trade representative at the New Delhi office of the Korea International Trade Association.

However, Lee said the industry is bound to see progress in India and added that there is an uptick in interest from South Korean firms.

In an interview, Lee pointed out that South Korean firms are also interested in helping India with its infrastructure development, including roads and deep water ports. Edited excerpts:

How are South Korean firms looking at the Indian semiconductor ecosystem?

The semiconductor industry here is bound to see progress.

And, when it comes to actually building facilities and factories for semiconductors, safety is the biggest issue.

MEER VERHALEN VAN Mint Mumbai

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