Monday, December 23, 2024

India readies to tap the USD 500 bn semiconductor manufacturing supply chain market

The Indian Industry poised to make a significant contribution to the global semiconductor manufacturing supply chain

PRAVASISAMWAD.COM

A report focusing on India’s USD 85-billion opportunity in the USD 500 billion semiconductor manufacturing supply chain comprising Materials (Gases, Chemicals, Minerals), Equipment and Services has been prepared by the India Electronics and Semiconductor Association (IESA). Semiconductor manufacturing requires a broad spectrum of inputs like wafer materials, special chemicals and glasses, processing tools, final testing materials, and packaging resources and the dynamic geopolitical landscape creates complexity for the semiconductor manufacturing and ESDM (Electronic System Design and Manufacturing) supply chain, says the report. The report sets the direction and enables Indian Industry to make a significant contribution to the global semiconductor manufacturing supply chain.

The report is especially important in the background of the ongoing disruptions in the semiconductor industry and ESDM supply chain. The importance of diversified and reliable resources have been reiterated.

Governments and big corporations around the world have been working to enhance and strengthen the semiconductor and ESDM supply chain and have been adding futuristic manufacturing capabilities such as FABs and ATMPs to fuel the widespread national semiconductor independence trend by creating regional chip manufacturing hubs.

The IESA Semiconductor Manufacturing CIG met at the Bengaluru Campus of Applied Materials with the idea to create an ecosystem that can enable the Indian Industry to make significant contributions to the Global Semiconductor Manufacturing Supply Chain

IESA has formed a Core Interest Group (CIG), a think-tank on strategies for building capabilities in Semiconductor Manufacturing Materials, Equipment and Services in India to strengthen the global semiconductor manufacturing supply chain.

Jitendra Chaddah, Country Manager, Global Supply Chain, Intel India and Chairperson, IESA CIG on Global Semiconductor Supply Chain, said, “The Indian semiconductor manufacturing supply chain ecosystem is at a nascent stage. With the unprecedented demand for semiconductors coupled with the rapidly changing landscape of the global semiconductor ecosystem, India has an opportunity to become a critical player in the semiconductor supply chain globally.”

To help enable the Indian ecosystem to cater to the global demands and create value for India, a CIG has been formed with experts from the industry, government and academia who will lead the semiconductor manufacturing supply chain ecosystem development by augmenting policy support, skill development and forging global alliances. “I call upon leaders from the ecosystem to join and participate in the CIG.”

The IESA Semiconductor Manufacturing CIG met at the Bengaluru Campus of Applied Materials with the idea to create an ecosystem that can enable the Indian Industry to make significant contributions to the Global Semiconductor Manufacturing Supply Chain.

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Tirthankar Ghosh
Tirthankar Ghosh
Tirthankar Ghosh is a senior journalist and presently Managing Editor, Newsline Publications. He has also been writing for well over 15 years for the New York-based Air Cargo News Flying Typers.

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