At the Tech Today Congress in Bengaluru, experts discussed the opportunities and challenges faced by India in the semiconductor industry
David Reed, CEO of Vedanta Foxconn noted that semiconductors are crucial for global innovation and technological advancements
Reed also highlighted that in the global context, India finds itself at a crucial crossroads in the competitive landscape of the semiconductor industry
As per Reed, in of the biggest challenge India is facing in the Chip Wars is the shortage of experienced professionals in semiconductor manufacturing
Satya Gupta, President of VLSI Society of India said that according to him, India first needs a seat on the table where the global semiconductor policy is being drafted
Gupta also highlighted that India's current manufacturing capabilities are limited, despite being a significant consumer of semiconductor products
Neil Shah of Counterpoint Research said that India can have immense potential in the semiconductor industry if it attracts manufacturers with favourable government policies
Shah added that apart from policies, India also needs a robust and reliable supply chain for successful semiconductor manufacturing
India is determined to overcome challenges and seize opportunities to establish itself as a prominent player in the semiconductor industry