As more electronics manufacturers expand their capacities in India, Applied Materials eyes an increasing significance India may play in the global semiconductor manufacturing ecosystem.
Applied Materials reiterates commitment to developing chipmaking ecosystem in India
Suraj Rengarajan, managing director of Applied Materials India, said the company will partner with semiconductor suppliers and organizations to shorten the time to commercialization and establish a sustainable semiconductor ecosystem in India. The company will use the planned engineering center as a hub to fast-track the development of semiconductor equipment subsystems and components.
EMS global relocation to South and Southeast Asia to accelerate, leading to restructured global trade
Amid the population drop in China and the population growth in South and Southeast Asia, Bloomberg Intelligence believes that in the years ahead, electronics manufacturers, such as Foxconn, may accelerate the relocation of their factories from China to India and Southeast Asia. BCG also believes India will see an average annual trade growth of 6.3% between 2022 and 2032, more than twice the global average.
US think tank urges India to bolster semiconductor investment appeal
Information Technology and Innovation Foundation (ITIF), a US-based think tank, released a report titled "Assessing India's Readiness to Assume a Greater Role in Global Semiconductor Value Chains," suggesting ways the Indian government can enhance regulatory stability and business conditions to attract more semiconductor investments.
India's eInfochips plans to scale up capacity, invest more in high-power electronics
India-based engineering and design services company eInfochips revealed plans to expand its engineering capacity and boost investments in high-power electronics. The company expects an accelerated adoption of Wide Bandgap Semiconductor materials and plans to scale up engineering capabilities to cater to the growing demand and new technologies.
India to roll out D2M technology in 19 cities in 2025
According to PTI and Business Standard, senior officials of the Indian government, including several secretaries and ministers, emphasized that D2M is key to expanding digital access to millions of Indians when they addressed an industry conclave on D2M. India may launch pilot projects on D2M in 19 cities as early as 2025.