Everything You Should Know About India's Semiconductor Potential
Opportunity
India's semiconductor market is projected to exceed $150Bn by 2030, driven by advanced manufacturing and a large consumer base. The country holds 20% of the global chip design talent.
Challenges
The industry faces hurdles like capital-intensive operations, a knowledge gap, talent acquisition, retention issues, supply chain disruptions, low R&D investment, and high competition.
Key Focus Areas
Focus areas include supporting fabless startups, enhancing manufacturing, facilitating knowledge transfer, developing incubators, securing funding, and protecting IP.
Government Initiatives & Policies
Government initiatives like Make In India, Electronics Manufacturing Scheme, Designed Linked Scheme, and Semiconductor Fab Programme aim to bolster the industry.
The Rise Of India’s Semiconductor Startups Report 2024
The Rise Of India’s Semiconductor Startups Report 2024