India needs to develop a slew of companies that can own IPs in semiconductors: Indian-American entrepreneur

Mountain View: As India takes major steps in the strategic field of semiconductors, it’s important for it to develop a slew of companies that can own intellectual properties in this key area, a successful Indian-American entrepreneur from the Silicon Valley has said.

Applauding India for taking steps in the semiconductor industry that has emerged as a battleground for major global powers, Kush Gulati, co-founder, president, and CEO of Silicon Valley-headquartered Omni Design, said, “Electronics based on semiconductors are going to be absolutely mission-critical. It is the backbone, the very backbone of the future of technology and electronics.”