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India aspires to emerge as a major global hub for #semiconductor manufacturing, following in the footsteps of leading countries like the #Taiwan, #Japan, #US., and #South #Korea. To achieve this, #India has been proactively engaging with and attracting foreign semiconductor firms to establish their manufacturing and operational bases within the country. The government's efforts are part of a broader strategy to reduce dependency on imports, bolster technological self-reliance, and position India as a key player in the #global #semiconductor supply chain. #Semiconductors, #SemiconductorManufacturing, #IndiaGrowthStory, #TechIndustry, #IndiaSemiconductorMission, #MicronTechnology, #Innovation, #TechEcosystem, #MakeInIndia, #DigitalIndia, #Semicon #India #2024 #ManufacturingExcellence, #TechInvestments, #IndiaAsGlobalHub, #FutureOfTech, and #SupplyChainDiversification.

India is poised to become a key player in the global semiconductor industry, leveraging its unique strengths such as a burgeoning domestic market, cost-effective manufacturing, and robust government backing. The nation's journey mirrors its triumph in the automotive sector, where strategic policy-making and market demand led to international acclaim. While challenges in supply chain enhancement and technical collaboration remain, India's current initiatives signal a promising future. Building a semiconductor ecosystem is a marathon, not a sprint, and India is running with steadfast determination. #SemiconductorIndustry #TechInnovation #MakeInIndia #GlobalLeadership

India’s Semiconductor Revolution: Export Growth & Market Expansion India’s semiconductor industry is on the verge of a breakthrough, with the market expected to grow from $26.3 billion in 2022 to an impressive $271.9 billion by 2032. In 2022, India saw its semiconductor exports also hit a record , showcasing the nation's growing footprint in the global tech landscape. With initiatives like the India Semiconductor Mission (ISM) and strategic collaborations with global players like the EU and Japan, India is rapidly positioning itself as a key hub in the global supply chain. The government’s focus on building cutting-edge manufacturing facilities, backed by investments exceeding $21 billion, is transforming India into a destination for semiconductor innovation & production. As global markets seek to diversify their semiconductor sourcing beyond traditional regions, India’s skilled workforce and competitive cost advantage offer reasons for companies to invest in the country's semiconductor ecosystem.

Building a Sustainable Semiconductor Future for India In today’s rapidly evolving tech landscape, India’s semiconductor ambitions are more important than ever. Aparna Sharma, India Technology Policy Fellow at #PacificForum, outlines in her businessline article how the Indian government can navigate the complex demands of the global semiconductor industry—balancing short-term needs with long-term goals. 🌐 Want to know how India can position itself as a leader in this space? Read more here: https://lnkd.in/g-MzzuJX #Semiconductors #IndiaTech #InnovationInIndia #IndoPacific

India's chip strategy makes progress with US$ 21 billion in proposals India evaluates semiconductor proposals totaling US$ 21 billion, aiming to reduce import reliance and become a global manufacturing hub, bolstered by financial incentives and strategic partnerships #indiabusiness #pmoindia #pmnarendramodi #narendramodi

IPEF partners are coordinating to develop resilient, sustainable, and inclusive supply chains. #India has the fastest growing share of global electronics production in the world fueled by domestic innovation and partnerships between industry leaders including Tata Group and Apple. Learn more in this recent article from The Economist: https://lnkd.in/eRDwid92 #IndoPacific #IPEF #Investment #Technology #IP3

https://lnkd.in/d9x6tUh7 "By the end of 2026, the first semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat’s Dholera, will be ready to roll out, according to Frank Huang, chairman of PSMC. The central and state governments are together estimated to subsidise up to 70% of the project cost, with the Dholera unit slated to become India’s first commercial semiconductor fab. But much before the first chips are shipped out of the Dholera plant, Tata has won a deal that can put India in the league of big strategic players. Tata Group firm Tata Electronics is understood to have signed a strategic deal with Tesla to procure semiconductor chips for its worldwide operations, ET has reported based on information from sources, though both Tata and Tesla have refused to comment. This is a proud moment for Tata and an important milestone for India. With chips made by an Indian company powering cars Tesla makes globally, India has come of age. Taiwan, China and South Korea have dominated chip supplies to global manufacturers and India will soon join that league. However, even more important is the strategic heft this and similar such deals to come in future will bring to India."

This is a decision that will take India into the manufacturing of legacy chips. It is a decision of strategic importance and a timely one for the country. With a derisking of countries in chip manufacturing and decoupling from China, it is imperative to create months of internal supply chains. It reduces the dependence on China and it will also be a robust employment generator for the country. #semiconductorchips #Tesla #Tata #India #decoupling #derisking

#India #semiconductor success depends on building a dense, interconnected ecosystem, like the #Taiwan model. Transitioning from a design hub to self-reliance requires collaboration across #government, industry, and #academia. By supporting #MSME, developing equipment and materials, fostering global partnerships, and strengthening the #supplychain, India can reduce imports and emerge as a global semiconductor leader, driving #economic growth and #innovation writes Raja Manickam, Founder-CEO, iVP Semiconductor for ET Edge Insights. Hannah Javvaji Rimjhim Chhabra

**🔌 Exploring the Vital Role of Supply Chain in India's Semiconductor Industry! 🚀** The semiconductor industry in India is not just a technological marvel; it's a testament to the nation's growing prowess in the global tech landscape. As we delve deeper into this dynamic sector, it becomes evident that the backbone of its success lies in an often-underestimated aspect: Supply Chain Management. 🌐 **A Global Connection: ** The semiconductor industry is inherently global, with supply chains intricately woven across continents. India's strategic geographical location serves as a pivotal node in this network, facilitating seamless connectivity between suppliers, manufacturers, and end-users worldwide. 💡 **Driving Innovation: ** A robust supply chain empowers innovation by ensuring the timely availability of critical components and materials. From silicon wafers to advanced packaging technologies, every link in the supply chain plays a crucial role in fueling the semiconductor ecosystem's innovation engine. 📈 **Fueling Growth: ** The semiconductor industry's exponential growth in India is intrinsically linked to the efficiency and agility of its supply chain. By optimizing processes, streamlining logistics, and embracing digital transformation, companies can effectively navigate the complexities of this fast-paced industry and capitalize on emerging opportunities. 🤝 **Collaborative Ecosystem: ** Collaboration is key in the semiconductor supply chain, with stakeholders working in tandem to address challenges and capitalize on synergies. From government initiatives to industry partnerships, fostering collaboration is essential for driving sustainable growth and ensuring the industry's long-term success. 🔗 **The Future Ahead: ** As we look to the future, the semiconductor industry's trajectory in India hinges on our ability to adapt, innovate, and optimize supply chain dynamics. By embracing sustainability, resilience, and digitalization, we can pave the way for a thriving semiconductor ecosystem that drives technological advancement and economic prosperity. Join me in celebrating the pivotal role of supply chain management in India's semiconductor industry! Let's collaborate, innovate, and build a brighter future together. #SemiconductorIndustry #SupplyChain #Innovation #IndiaTech #Collaboration 🌟