- ICEA underscores India’s potential to lead the global semiconductor industry by focusing on semiconductor design and core IP creation, as highlighted in their recent report.
- The association emphasizes the need for a robust design ecosystem and urges for governmental support, including incentives for mask sets and innovative funding approaches.
- With strategic opportunities arising from global shifts in semiconductor manufacturing dynamics, ICEA sees India advancing into sub-14 nm technology nodes by leveraging spare capacities and investing in refurbished fabs.
India Cellular & Electronics Association (ICEA) advocates for India’s ascendancy in the semiconductor industry, particularly in semiconductor design and core IP creation, as outlined in their recent report. Pankaj Mohindroo, Chairman of ICEA, emphasizes India’s pivotal role in redefining its position in the semiconductor value chain, citing innovation, self-reliance, and global competitiveness as key drivers for India to become a semiconductor powerhouse.
ICEA highlights the imperative of fostering a robust design ecosystem encompassing the entire electronics value chain and calls for governmental support through initiatives like the inclusion of mask sets in Design Linked Incentive (DLI) and innovative funding approaches. Moreover, ICEA sees strategic opportunities for India to advance into advanced semiconductor manufacturing, leveraging spare capacities and investing in refurbished fabs, amidst global shifts in semiconductor manufacturing dynamics.
The recent approval of significant financial outlays and establishment of semiconductor units by the Indian government signifies strategic steps towards enhancing India’s semiconductor manufacturing capabilities. As India continues to invest in semiconductor infrastructure and talent development, ICEA remains optimistic about India’s potential to secure a prominent position in the global semiconductor landscape, driving innovation and self-reliance in the sector.
