The semiconductor space in India has been buzzing with action over the last few weeks. Well, then Minister of State for Electronics, IT, Skill Development and Entrepreneurship, Rajeev Chandrasekhar says, “It is right time for India to be a player in the semiconductor space.” He was speaking as the Chief Guest at the Express Adda in Mumbai on July 19. He added Micron’s investment in India is a milestone and Foxconn withdrawing from JV with Vedanta with India is not a blow at all.
In conversation with Anant Goenka, Executive Director, Indian Express Group and Anil Sasi, National Business Editor, The Indian Express, he elaborated on the evolution and pace of India’s semiconductor journey, “I think the way we have approached the topic from December 2021 after the PM approved the Semiconductor Policy is that we are building an ecosystem. The way technology performance is being built, it is no longer a unipolar approach toward the next generation of performance. As the world of semiconductor is creating a space for design led performance and innovation. Apart from North America, India today has the largest pool of semiconductor talent in the world.” (Financial Express)