It is a significant step towards enhancing India's semiconductor manufacturing capabilities. The semiconductor industry in India is still in a nascent stage, with various local and multinational companies intending to tap its vast potential.
India's ambitious strides in the semiconductor industry are best exemplified by the development of a semiconductor unit in Morigaon, Assam, spearheaded by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT).
The world's largest contract chipmaker Co-founder Morris Chang on Sunday said that Taiwan Semiconductor Manufacturing Co (TSMC) would continue to create miracles in the global semiconductor industry on the back of the current leadership, reported Taipei Times.
Mark Mobius, an emerging market expert and an ace investor reiterated he was bullish on India's real estate and semiconductor sectors, as he outlined the potential of these two key industries.
US lawmakers are urging the Biden administration to block suppliers from selling chip making equipment to Huawei Technologies Co, citing concerns about the sanctioned Chinese company's progress in semiconductor manufacturing. In a letter to Secretary of Commerce Gina Raimondo, they highlight
India's engineering talent is poised to play a crucial role in the global semiconductor industry, especially as the sector faces a significant workforce shortage, according to a report by Motilal Oswal.
The two leaders lauded the continuous collaboration under the Semiconductor Memorandum of Understanding (MOU), which aims to establish resilient and secure semiconductor supply chains.
The Semiconductor Executives, after meeting Prime Minister Narendra Modi, hailed the government's efforts for showing unprecedented enthusiasm for the development of the semiconductor ecosystem, saying that it is a "never-before-seen level of industry-government collaboration."
Mentioning that the coming time will be technology driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far "when the semiconductor industry will be the bedrock for even our basic necessities"
A three-day event focused on the semiconductor ecosystem is set to be held from Wednesday to Friday in Greater Noida. SEMICON India 2024 will bring together global leaders, semiconductor industry experts, academia, and government officials.
PM Modi's visit to the semiconductor industry is significant in terms of enhanced trade opportunities between the two friendly countries, as Singapore, despite being a small city-state, has a well-developed semiconductor industry.
Indian Institute of Technology Guwahati researchers have made significant advancements in the field of Electronic Design Automation (EDA) with the development of an innovative machine learning (ML) framework named 'LEAP'.