EMIS Monthly Newsletter

Welcome to the latest installment of the EMIS Insights Monthly Newsletter – your ultimate source for the latest updates on industry trends and developments within global and emerging markets.

This edition explores the semiconductor market in India and the investment landscape for hydrogen projects in Morocco.

From Zero to Hero: The Pros and Cons of India’s Semicon Fab Ambition

By Biliana Hristova, EMIS Insights Chief Editor

With India’s semiconductor market projected to reach USD 63bn, four times its current value, by 2026, the country already has in place a roadmap entailing a USD 10bn commitment to launch local chip fabrication. The ambitious plan is backed by strong competitive advantages such as a highly trained workforce, comprising 20% of global chip designers.

The global semiconductor shortage forced Indian companies, notably automotive makers such as Maruti Suzuki, to cut production which impacted their profitability from 2022 onwards. This crisis convinced the Indian government it was high time for the country to establish domestic semiconductor production capabilities. The country also saw it as an opportunity to attract more FDI.

A latecomer to the party of tech manufacturing Asian countries, India has announced plans to launch its first ever semiconductor production in December 2024. The government of PM Narendra Modi has started building state-of-the-art manufacturing facilities in Dholera in the western State of Gujarat.

Read the full article here.

For more insights download our sample report From Zero to Hero: The Pros and Cons of India’s Semicon Fab Ambition

The Green Element

On March 11, the Moroccan government announced that it will allocate approximately 1mn hectares for the development of green hydrogen projects. The move is part of the so-called Morocco Offer initiative, which aims to attract investment and position the country as a major player in the green hydrogen industry by leveraging its renewable potential.

The Morocco Offer, first formulated in 2022, includes various operational steps, such as mobilization of land, development of infrastructure, and implementation of incentive measures.?

The first phase of the initiative will offer 300,000 hectares for integrated projects spanning from power generation from renewable sources and electrolysis to the conversion of green hydrogen into methanol, ammonia, and synthetic fuel.

Morocco’s green hydrogen roadmap is focused on hydrogen, ammonia, and methanol to consolidate its energy transition, reduce greenhouse gas emissions, utilize its renewable potential, promote the country’s economy, and strengthen its energy security.?

The proximity to the European continent gives Morocco a unique strategic advantage. The country also has a well-developed gas and port infrastructure and can easily become a leading hub to export green hydrogen to Europe.?

Read the full article here.

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