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Shortage due to pent-up demand, having fabs in India will help, says NXP Semiconductors India boss

The situation could normalise over the next three-six months, Sanjay Gupta, Vice President and India Country Manager, NXP Semiconductors, has said.

January 28, 2021 / 04:20 PM IST

The shortage of semiconductors across the world is due to pent-up demand, Sanjay Gupta, Vice President and India Country Manager, NXP Semiconductors, one of the largest automotive chip suppliers in the world, has said.

In an interaction with Moneycontrol, Gupta said it was a global phenomenon and that having semiconductor fabs in India would be a great asset to the country, referring to facilities where these chips can be made.

"Once the coronavirus outbreak situation saw some improvement from September onwards, customers started stepping out of their homes and buying cars and other electronic items. There was a sudden surge due to this pent-up demand post the lockdown and is not just restricted to cars but also electronics like laptops as well," added Gupta.

Moneycontrol has reported how the semiconductor shortage that has hit automakers in several countries has disrupted the production plans of automakers in India as well.