According to Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, the government is committed to creating a globally competitive component ecosystem, one of which is building a semiconductor ecosystem. The policy framework required to create a vibrant component ecosystem is already in place.

In an address ahead of the Semicon India 2023 event, the minister said that the government will intervene and create more production-linked incentive type of schemes as and when required. The ‘Semicon India 2023’ event is set to showcase the country’s semiconductor capabilities and chip design innovation and will boast participation from companies like Foxconnm Micron, AMD, IBM etc. The minister also stated that the deepening and broadening of the electronics ecosystem in India is one of the government’s stated goals and semiconductors are a very integral part of that.

Further, Chandrasekhar also shed light on mushrooming startups in the semiconductor design space, adding that India is a ‘rising force’ in the RISC-V programme. A comprehensive curriculum has also been devised to create 85,000 talented, skilled global talent for very large-scale integration.