A Long-Term Vision for Global Leadership in the Chip Industry

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A Long-Term Vision for Global Leadership in the Chip Industry

A Long-Term Vision

India, a late entrant in the global semiconductor race, is aiming high. With a strategic mix of policy reforms, innovation, and a growing talent pool, the country is positioning itself as a key player in the global semiconductor ecosystem.

Professor Satya Gupta, President of the VLSI Society of India, acknowledges India's modest immediate contribution but emphasizes the long-term vision, targeting a 20-25% share in the global semiconductor value chain by 2047.

The transformation began in 2022 with a comprehensive semiconductor policy, backed by strong political will. Five major manufacturing projects are underway, involving collaborations with global players like Tata Group, Micron, and TSMC.

However, challenges remain. Hitesh Garg, Vice President at NXP Semiconductors, highlights the need for establishing and operating wafer fabrication plants (fabs) and focusing beyond manufacturing. "India must develop use cases and integrate semiconductor innovations into electronic systems for global markets," he says.

The global chip industry faces technical complexities, high capital requirements, and intense competition. Chris Miller, Professor at Tufts University, points out that building a comprehensive ecosystem requires sustained investment and effort over decades.

India's strength lies in chip design, a critical component of the semiconductor value chain. Advancements in AI are expected to accelerate chip design processes and position India as a hub for design innovation.

With the right mix of policy, global partnerships, and a focus on design excellence, India may well realize its ambitious vision for 2047. The road ahead is laden with challenges, but the opportunities are vast.