India has made significant progress in the semiconductor and chip designing space in recent years. The country is now home to a large number of semiconductor design companies, including several multinational corporations. In 2022, India was estimated to have around 120,000 semiconductor design engineers, which is about 20% of the global total. The Indian government has also taken steps to boost the semiconductor industry, such as the launch of the $10 billion Production-Linked Incentive (PLI) scheme in 2021. This scheme aims to attract investment in semiconductor manufacturing and design in India.
As a result of these efforts, India is now seen as a potential hub for semiconductor and chip designing. The country has a number of advantages in this space, including a large pool of skilled engineers, a favorable government policy, and a growing demand for semiconductors from the domestic market.
Here are some of the key milestones in India's progress in semiconductor and chip designing:
- In 2017, the Indian government launched the National Electronics Policy (NEP), which set a goal of making India a global leader in electronics manufacturing by 2025. The NEP included a number of initiatives to boost the semiconductor industry, such as the establishment of semiconductor design centers and the creation of a semiconductor ecosystem.
- In 2020, the Indian government announced the launch of the Semicon India program, which aims to invest $10 billion in semiconductor manufacturing and design in India over the next six years. The program is expected to create over 30,000 jobs in the semiconductor industry.
- In 2021, the Indian government approved the PLI scheme for semiconductor manufacturing and design. The scheme offers financial incentives to companies that invest in semiconductor manufacturing and design facilities in India.
- In 2022, India hosted the Semicon India 2022 conference, which was attended by over 10,000 delegates from the semiconductor industry. The conference was seen as a major milestone in India's efforts to become a global hub for semiconductor and chip designing.
India is still a relatively small player in the global semiconductor market, but it is making rapid progress. With the right policies and investments, India has the potential to become a major player in the global semiconductor industry in the coming years.
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