Defining factors for growth of VLSI & Semi conductor ecosystem in India

It is clear today that we have a runway of opportunities in the ESDM (Electronics System Design and Manufacturing) space, in the embedded design space, and of course, the semiconductor space.

India represents tremendous market for the application and use of technology. It represents a country where there is tremendous depth in innovation ecosystem and a vibrant ecosystem of performing entrepreneurs. Government policy and Government capital is going to catalyse these 2 elements and create a sustainable ecosystem that will serve the world’s demand, and India’s need in the coming decade. Rajeev Chandrashekhar, Minister of State for Electronics & Information Technology, was addressing 35th International VLSI Design and Embedded Systems Conference 2022, organised under the aegis of VLSI Society of India together with Industry partners. The theme for this year’s conference was Silicon Catalysing Computing, Communication and Cognitive Convergence.

Sharing the vision of Prime Minister that has led India to an unprecedented inflection point in terms of growth and expansion of Technology sector, Rajeev Chandrasekhar quoted that “on August 15, 2021, Prime Minister laid out a vision for all of us who are deeply passionate about Indian technology and innovation ecosystem. He termed the next 10 years as India’s ‘Techade’ – summarising in one phrase, many things for many people. It talks about the direction of our economy, direction of technology ecosystem & the power of technology changing the way Government functions and transforming the lives of its citizens.

Talking about the impact of Covid Pandemic and India’s measured response to it, he added “India’s performance during the Covid Pandemic has redefined India amongst the world observers as a country that has leveraged technology for building a Resilient Economy, Resilient Government & Resilient Citizenry. India has received the highest ever FDI, created UNICORNS at the rate of over 3 a month during the year 2021. “

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He also informed how India is essentially investing government capital in creating skill talent, from research and design engineering side to the factory, testing, and packaging workforce side, while encouraging entrepreneurship and startups in the design and innovation ecosystem. The Government is Narrow Focussing on its own design & developing efforts around the future roadmap of Reduced Instruction Set Computer (RISC – V) RISC V & other open source Instruction Set Architecture (ISA) systems.

Further, for somebody with over 3 decades of experience in technology & entrepreneurship, I have never felt more confident about this moment of India. It is coming together of various factors including the leadership & vision of our Prime Minister that has brought us to this inflection point – an opportunity to grow & expand beyond the traditional technology capabilities.