Drawing parallels with India’s steel industry, the minister in an interview to Moneycontrol also said the semiconductor ecosystem will be the next engine of growth for job growth
IT minister Vaishnaw's remarks come amid growing speculation that TikTok could make a comeback in the country as relations between India and China begin to thaw.
The outlook adds to concern that the pace of investment in AI systems is unsustainable. Difficulties in China also have clouded Nvidia’s business
Several global players are exploring direct investments or partnerships across the semiconductor equipment and supply chain and India should make the most of the opportunity, Ashok Chandak India Electronics and Semiconductor Association and SEMI India chairperson Ashok Chandak has said
The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, report said
India’s gems and jewellery industry is bracing for impact and so is the agriculture sector in the near-term, with the possibility of re-routing.
The current geopolitical landscape is shaped by technological nationalism, driven by competition in AI and semiconductors. However, game theory and historical examples suggest that this phase will evolve into co-operative frameworks, balancing national interests with global technological cooperation
The chip is being seen a big leap forward for India's indigenous semiconductor capabilities and a boost for its space ambitions
The industry has called for a substantial increase in the PLI scheme for semiconductors, more funds for R&D and investment in skilling and training programmes as chip wars intensify
Shah emphasized the company’s commitment to careful evaluation before pursuing any new sector
The change in approach comes amid a less than 10-percent utilisation of the funds allocated (Rs 1.97 lakh crore) in the PLI scheme since its inception. The output-linked plan “is one set of policy recommendations that should not be repeated in every sector,” said a government official.
Patil is leading a delegation to Europe ahead of the Invest Karnataka Global Investors Meet, which is planned for February
India’s upcoming PLI scheme for components aims to deepen the electronics value chain, as US semiconductor firms eye expansion in the country.
Trump’s tech policies could shift towards protectionism, emphasising US manufacturing, increasing tariffs, and repealing former President Joe Biden's AI executive order on AI, among others.
While the semi-conductor and battery chemical businesses are the new drivers of growth for the long term, it would take time. Near-term growth would be driven by the advanced intermediates business.
Agnit is currently incubated at the Indian Institute of Science (IISc) in Bangalore, where it has access to one of country's first pilot production facilities for GaN semiconductors
The funds will be used to scale production of AGNIT's cutting-edge Gallium Nitride chips, marking a milestone in India's semiconductor industry
Currently, the nation’s electronics market is valued at approximately $155 billion
Rising domestic demand, China production de-risking by global OEMs, and government policy support work in favour of the company.
The report estimates that from FY2024-2028, "emerging sectors are projected to account for around 27 percent of capex". This shift will be driven by focus on green transition, supply chain re-alignment and focus on emerging sector and benefits under PLI scheme.
The government was helping industries to create the ecosystem to build the semiconductors, he said
India will contribute 30% revenue to Asia (without Japan) by 2035, the company said.
Over the past decade, electronic components manufacturing in India grew at 13% CAGR, trailing the overall electronic manufacturing industry growth of 19% CAGR.
DPIIT secretary Rajesh Kumar Singh said critics are losing sight of the fact that the aim of the PLI scheme is to ensure strategic autonomy and reduce dependence on insecure supply chains.
MeitY additional secy Abhishek Singh says startups or researchers using Indian datasets to address social impact problem statements identified by the government would have access to India AI's compute infrastructure.