Tuesday, July 15, 2014: Initiatives taken by the Government of India to promote the Indian semiconductor industry are expected to spur the market in the coming years. The future of the Indian semiconductor design market is dependent on the emergence and success of fabless design companies in India, which would be focusing on creating products for the Indian market. The absence of a legacy has created a unique opportunity for India to leapfrog technology, and India can easily take the lead in electronic systems design and electronic product manufacturing.
India currently contributes less than 5 per cent of the revenues of the global semiconductor market.This share is expected to reach 11 per cent by the end of 2015.
Electronics Bazaar, South Asia’s No.1 Electronics B2B magazine
