India’s talent pool, govt policies make it unique for semiconductor bets

India’s talent and the government policies to provide a favourable environment have made the country an attractive location for the semiconductor ecosystem, said Prabu Raja, president, Semiconductor Products Group (SPG), Applied Materials.

The US-based company, which provides materials engineering solutions for chip manufacturing, last month announced plans to build a collaborative engineering centre in Bangalore, focused on developing and commercialising technologies for semiconductor-manufacturing equipment.

In its first five years of operations, the centre is expected to create at least 500 advanced engineering jobs, along with another 2,500 in the manufacturing ecosystem.