India Sets Sights on Becoming Next Semiconductor Hotspot Long known for its IT services, India now wants to make its mark on semiconductor hardware.
The country aims to emerge as a global electronics hub rivaling the likes of Taiwan and South Korea within 5 years, says IT Minister Ashwini Vaishnaw.
It’s an ambitious goal, but India brings some key strengths. Most notably, it boasts one of the world’s largest pools of semiconductor design talent, with engineers powering innovation from Bangalore to Silicon Valley.
Vaishnaw believes India can leverage this brainpower to attract investment from big players eager to tap into the country’s technology workforce. With the right infrastructure and government support, he envisions India building cutting-edge fabrication facilities and supply chains to challenge established Asian electronics centers.
Semiconductors are the beating heart of everything from smartphones to electric vehicles today. With demand exploding, India wants to move beyond IT services into higher-value manufacturing and production.
Vaishnaw is betting the country’s engineering talent and friendly policies can make it a new promised land for chipmakers. It won’t be easy to catch up with the likes of Taiwan and South Korea.
But by combining its world-class technology skills with strategic government initiatives, India aims to become a new hotspot fueling global semiconductor innovation in the years ahead.