Government plans to promote semiconductor manufacturing may have a bright future. Prakash Marya, Vice President and Managing Director, Sales, Marketing and Communications Group, Intel Technology India Pvt. The corporation said the country’s “orbit of all forms of semiconductor devices” is huge. “And I’m not talking about cloud, data center, storage, edge, 5G. If you put
Government plans to promote semiconductor manufacturing may have a bright future. Prakash Marya, Vice President and Managing Director, Sales, Marketing and Communications Group, Intel Technology India Pvt. The corporation said the country’s “orbit of all forms of semiconductor devices” is huge.
“And I’m not talking about cloud, data center, storage, edge, 5G. If you put them all in a big market like India, it’s an important semiconductor and the overall infrastructure. It’s also a structural opportunity, “Maria added in an interview with Mint.
The government has been working on plans to promote local production of semiconductors. Companies such as Intel are expected to be one of the top targets. Ajay Prakash Sawhney, secretary of the Ministry of Electronics and Information Technology (MeitY), said at an industry event on May 20 that industry rules are scheduled for less than six months.
The government will provide $ 1 billion in cash to companies to set up semiconductor manufacturing units, according to a March report by Reuters.
Mary said it could take years for the ecosystem to be fully built, but is “optimistic” given the opportunities India offers. The ecosystem surrounding semiconductors and devices is diverse. There are phones and PCs (personal computers), but they are only for consumers (side). Next, we’ll look at the Industrial Internet of Things (IoT) and a few other ways. The connection will be calculated, “he added.
India’s semiconductor demand is driven by the world’s second largest and largest smartphone market. According to market research firm Canalys, the country exported 145 million smartphones in 2020, down 2% primarily due to pandemics.
Meanwhile, demand for laptops and PCs increased in 2020, backed by increased work and education from home use cases. International Data Corp. said in a February report that 2020 is the “biggest year” for notebooks, with total shipments of 7.9 million units.
In addition, Mallya said companies are working on solutions that use both software and custom hardware elements. This is where the Indian industry is heading. “Work is underway that is a combination of software and custom hardware elements. That’s what I believe the industry is heading for. You have a specific solution, which has a deep technical mindset. You need it, and then you will have the software element, “he added.
“It’s highly scalable, whether it’s UPI, digital payments, or an API-driven national digital health platform. That is, software (people who build through APIs) and potentially customized solutions via hardware. Yes, it will be a very different play from any part of the world. “
The semiconductor industry has also faced an unprecedented supply shortage since late last year due to unprecedented demand growth. At the Computex 2021 trade fair on Tuesday, Intel’s Global CEO Pat Gelsinger said the pandemic has led to an “explosive growth cycle” that puts a heavy strain on the supply chain.
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Bright future of semiconductors in India: Prakash Mallya
Source link Bright future of semiconductors in India: Prakash Mallya