By 2035, mobile phones, automotive, computing, and data centres are expected to account for over 70% of India’s total semiconductor demand, states the report by Deloitte.
India is projected to face a shortage of nearly 3 lakh semiconductor professionals by 2027. Without a coherent talent strategy, states risk creating infrastructure without a workforce to operate it.
India has used a $10 billion fund to fuel its chip programme, helping to bring about assembly, packaging and testing ventures. But it still lags far behind industry leaders Taiwan, South Korea, US, China and Japan.
To meet India’s goal of becoming a semiconductor powerhouse, IITs and IISc are rejigging curricula, launching short courses, and hosting online classes. Focus is on fabrication, not just design.
International media also looks at India's semiconductor deal with US sparking new tech rivalry with China. India is emerging as a key player in semiconductors and IT services, it notes.
While addressing Semicon India 2024, PM Narendra Modi says India's favourable policies have helped attract investments more than Rs 1.5 trillion in this sector.
The facility will be separate from the current sprawling campus near Chennai where Foxconn assembles Apple's iPhones and employs more than 35,000 people.
At inauguration of flagship event SemiconIndia2023 in Gandhinagar, the PM detailed reforms and tax exemptions the government has undertaken to bring in more investment in the sector.
Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.
Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.
CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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