It’s now or never for India to take lead in semiconductor industry, says SEMI CEO

India has almost everything needed to have a successful semiconductor industry but it still needs to work to reestablish credibility, the head of the world’s top advocacy group representing the semiconductor industry has said. From near-zero levels just a year and a half ago, India is now well on its way to having 100 semiconductor design startups by 2024. The Rs 76,000-crore incentive scheme for chip-making, the large talent pool and the skilling programme is playing to the country’s strength and mark India’s rise as a semiconductor nation.

“It’s now or never (for India in the semiconductor industry),” Ajit Manocha, president and CEO of Semiconductor Equipment and Materials International or SEMI told PTI in an interview.