India's Rising Prominence in Global Electronics Manufacturing: EAM Dr. S. Jaishankar's Vision at SemiconIndia 2023

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India's Rising Prominence in Global Electronics Manufacturing: EAM Dr. S. Jaishankar's Vision at SemiconIndia 2023
01 Aug 2023
4 min read

News Synopsis

India's Electronics Industry Gains Momentum at SemiconIndia 2023

The final day of the prestigious SemiconIndia 2023 conference witnessed External Affairs Minister Dr. S. Jaishankar's insightful remarks, shedding light on India's remarkable growth in the electronics sector, particularly in the field of semiconductors.

His address highlighted India's crucial position in important and emerging technologies, emphasizing the country's burgeoning status as a reliable global electronics manufacturing partner.

International Collaborations: Strengthening India's Electronics Ecosystem

Partnerships with the US, Japan, and Australia Fuel India's Electronics Industry

Dr. Jaishankar underlined the significance of international partnerships with key players such as the United States, Japan, and Australia. These collaborations have played a pivotal role in bolstering India's electronics industry and enhancing its reputation as a trustworthy partner for global electronics manufacturing.

Additionally, the minister expressed optimism regarding potential opportunities for partnerships with other like-minded nations, sharing common goals and visions for the electronics sector.

SemiconIndia 2023: A Nexus of Innovation and Knowledge Exchange

SemiconIndia 2023: Fostering a Resilient Semiconductor Ecosystem

The three-day SemiconIndia 2023 Conference brought together an impressive array of participants, including business leaders, startups, academia representatives, and government officials.

The conference's enlightening sessions and captivating speeches contributed to the development of a robust, resilient, and sustainable semiconductor ecosystem in India. Key areas of semiconductor manufacturing were explored, and the conference proved instrumental in catalyzing India's techade.

Driving Global Collaboration through Panel Discussions

International Collaboration for a Trusted Semiconductor Supply Chain

A dedicated panel discussion led by Mr. Anshuman Tripathi, Member, NSCS, explored the potential of global partnerships in enhancing the semiconductor industry. Special emphasis was placed on India's pivotal role in semiconductor manufacturing, research, talent exchange, clean energy transitions, and critical minerals exploration.

The discussions aligned with India's belief in 'Vasudhaiva Kutumbakam' or 'One Earth, One Family, One Future,' promoting a unified approach to tackling global challenges.

Exploring Emerging Technologies and Readiness Assessment

Opportunities and Challenges in Emerging Technologies

SemiconIndia 2023 facilitated engaging panel discussions on emerging technologies, featuring distinguished experts. Moreover, participants delved into the topic "Catalysing New India's Techade," exploring the vast opportunities and potential challenges in the rapidly evolving tech landscape. Additionally, discussions centered around assessing the readiness of India's semiconductor ecosystem for future demands.

Building a Semiconductor Talent Nation: A Key Focus

Semicon India FutureSkills Talent Roadmap: Empowering India's Semiconductor Workforce

Deliberations on "Global Semiconductor Talent Capital" focused on implementing the Semicon India FutureSkills Talent Roadmap to establish India as a Semiconductor Talent Nation. By nurturing collaboration between multinational corporations, academic institutions, and the Indian government, the conference aimed to equip India with a skilled and competitive workforce in the semiconductor domain.

Prime Minister Narendra Modi's Vision for India's Semiconductor Journey

PM Narendra Modi's Vision: Positioning India as a Global Electronics Hub

Ms. Jaya Jagadish from AMD India hailed SemiconIndia 2023 as a pivotal moment when India transformed from being a question of "Why invest in India?" to "Why not invest in India?" in the semiconductor industry.

The conference brought together global leaders and academia, elevating India's position at the forefront of technology discussions, particularly in the semiconductor sector. It marked the formal launch of India's ambitious journey to emerge as a major global electronics and semiconductor producer.

Some relevant and latest facts for the above news:

  • The global semiconductor market is expected to reach $1.1 trillion by 2030.

  • India is currently the world's second-largest consumer of semiconductors, but it imports 90% of its semiconductor requirements.

  • The Indian government has announced a $10 billion incentive scheme to attract semiconductor manufacturing companies to set up shop in India.

  • Several major semiconductor companies, including Intel, TSMC, and Samsung, have expressed interest in setting up manufacturing plants in India.

  • The Indian government is also working to develop a strong semiconductor design ecosystem in India.

These are just a few of the relevant and latest facts about the semiconductor industry in India. The industry is poised for significant growth in the coming years, and India is well-positioned to become a major player in the global semiconductor market.

Here are some additional sources that you may find helpful:

Conclusion,

SemiconIndia 2023 served as a crucial platform for India to showcase its burgeoning electronics industry and highlight its potential as a trusted global manufacturing partner.

The conference's emphasis on international collaborations, emerging technologies, and talent development underscores India's commitment to contributing significantly to the global electronics ecosystem.

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