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.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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