??? The Silicon Saga: Dipping into India’s chip opportunity
Yoo hoo tech and startup enthusiasts!
Remember the semiconductor shortage of 2021? Automakers halted production–there were crazy waits for new cars, and electronics launches were delayed.?
Microchips, some as tiny as a bindi, may well be micro, but there’s nothing micro about their impact.
Today, they are the backbone of modern electronics, integral to countless industries, economies, countries, and huge geopolitical influencers.
Given their importance, countries are rethinking their semiconductor strategies, to avoid dipping their chips into one dip.
Enter India, the world’s new microchip dip.
India, the land of curry and cricket, could now also be the frontrunner in the chip industry.?
From the bustling gullies of Bengaluru to the techie corridors of Hyderabad, we’re not just chai-sipping, Bollywood-dancing dreamers; we’re silicon-seizing innovators.
In 2021, India kicked off its Semicon India programme with a whopping Rs 76,000 crore to turbocharge its chip ambitions.?
Projections? India's semiconductor market is gearing up for a $150 billion bash by 2030—talk about a growth spurt with a 24% CAGR!
The 2022 CEO ISM (ISM) and the 'Semicon India Future Design: Design Linked Incentive (DLI) Scheme' are doling out cash and infrastructure for everything from ICs to IP cores—because who doesn't love financial incentives for making cool chips?
Speaking of financial incentives, MeitY's S. Krishnan meit recently revealed that the Rs 76,000 crore for the Semiconductor Mission are nearly all spoken for. Gotta spend those chips wisely!
To break free from import chains, India's 'Make in India' drive has global titans like AMD , 美光科技 , and 高通 setting up local shops. Even the mighty Tata Group , in cahoots with Taiwan’s PSMC, is planting the first Indian semiconductor fab.
Speaking of local heroes, iVP Semiconductor aims to rake in $70 million by pimping out chips for solar inverters, smart grids, and even 2-wheeler batteries. With $5 million in pre-Series A funding, they're definitely not playing small ball.
In the realm of 5G wizardry, Unisoc's T760 chipset is gearing up to elevate your mobile game right here in India. Because buffering is so 2019.
And let's not forget the global semiconductor policy spend-off: India, South Korea, and China are duking it out with $55, $51, and $42 for every $1,000 in GDP. Chips on the table, folks!
Meanwhile, Indian Institute of Technology, Madras startup InCore Semiconductors is brewing up an entire semiconductors ecosystem from scratch. Starting small with embedded processors for everyday gadgets, they're dreaming big—high-performance computing, anyone?
And in a plot twist worthy of a tech thriller, Accenture snapped up Cientra to supercharge its semiconductor design chops. Hot on the heels of bagging Bangalore's Excelmax Technologies , it looks like 埃森哲 's playing the long game in India.
Last but not least, L&T Semiconductor Technologies dropped Rs 183 crore to acquire SiliConch Systems . Because in the semiconductor world, you gotta buy chips to make chips—just business as usual.
India’s Got Chip Talent
Did you know? India packs a punch with 20% of the world's semiconductor design brains, a tech scene that’s hotter than chai, and a market that’s booming like Diwali fireworks.?
With initiatives like the $10 billion PLI scheme and Budget 2024’s $12 billion innovation stash, India's got its eyes set on silicon stardom.
In a plot twist for the better, Perceptives Solutions is closing the skills gap in semiconductors by setting up Centers of Excellence (COEs) across universities. Because who doesn’t want their chips served with a side of expertise?
Where Do We Go from Here?
Picture this: By 2030, India could be the global hotspot for making microchips. But first, we need to kick policy into overdrive. From Vibrant Gujarat to nationwide partnerships, it’s time to hit fast-forward. Let’s make state-level semiconductor policies as snappy as a Mumbai local.
Accelerating Initiatives
To reach the summit of silicon glory, India’s gotta focus on OSAT, ATMP, design, and R&D. Strengthening the supply chain, smoothing out logistics, and giving startups a big hug will reel in those long-term investments. It’s like climbing Mount Everest, but with circuits instead of crampons.
Startups scaling the silicon summit
Specialists in Gallium Nitride (GaN) wizardry. Because sometimes, you need a semiconductor that's as tough as a mother-in-law's scrutiny.
Founders:?
Digbijoy Neelim Nath, Hareesh Chandrasekar , Madhusudan Atre PhD, DBA , Prof. Mayank Shrivastava , Muralidharan Rangarajan, Shankar Kumar Selvaraja , and Srinivasan Raghavan
Crafting high-performance mixed-signal ICs like a mad scientist mixes potions. Their gadgets aren't just smart; they're street-smart.
Founder: Srinath Sridharan
Masters of silicon sorcery, they're the folks who make sure your car, phone, and toaster aren't just connected—they're friends with benefits.
Founders: Uday Joshi and Sandeep K.
Making communications smoother than jazz on a Sunday morning. From LDO-ICs to SerDes, they're dialling up the cool factor.
Founders: Gautam Singh , Abhra Bagchi , Prasun Bhattacharyya , Shabaaz Syed
Securing your gadgets with RISC-V finesse. Because when it comes to IoT, they're all about brains and brawn.
Founders: T.R. Shashwath , Sharan Jagathrakshakan
领英推荐
Architects of many-core miracles. They're not just changing the game; they're inventing new ones.
Founders: Deepak Shapeti , Dr Ranjani Narayan, Dr S. K Nandy
Where Edge AI meets Silicon Valley swagger. Think surveillance, think robotics—think smarter, faster.
Founders: Jyothis Indirabhai , Sreejith Varma ?
Making materials so cutting-edge, even silicon is feeling outdated. Scaling up production to give Taiwan and Japan a taste of the future.
Founder: Gadhadar Reddy
From smart plugs to pandemic superheroes. They're the sidekicks to your home gadgets, keeping them powered and primed.
Founders: Shishir Gupta , NITHIN K DAVID , Varun Gupta
Swift and sleek in the tech jungle, Pantherun has designed a one-of-a-kind chip or software-based IP for secure Ethernet Communication using AI with the agility of a panther.?
Founder: Srinivas Shekar ?
Where chips meet power play! They're the wizards behind Power Management ICs, currently cooking up innovations at IIT-Gandhinagar. With a touch of global flair from their friends at Global In Enterprise, Taiwan, they're turning volts into victories.
Founders: Sunil Parmar , Dr Prakash Arya
Bringing broadcast and satellite technology down to Earth. Their chips are so cool, they might just outshine the stars.
Founders: Parag Naik , Vishwakumara Kayargadde (Vishwa) , and Hemant Mallapur ?
Chips that don't just compute—they sense, decide, and occasionally give your devices a mind of their own
Founder: Vijay Muktamath
Designing the brains behind the tech. They make AI, ML, and IoT smarter, so you don't have to be.
Where analog meets ambition. Their RF IPs are like spices—essential, indigenous, and making waves worldwide.
Founders: Rijin John and Dr. Arun Ashok
Making hardware design as agile as a cat on a hot tin roof! They're all about front-loading with their EMI/EMC simulation software, ensuring your designs hit the ground running from the get-go.
Founders: Anant Devi , Harikiran Muniganti
The fast lane for high-speed communications. They're like the expressway for your data, minus the tolls.
Founder: Dr Sankar Reddy
Pioneering ASICs that power the future. Analog-RF meets digital precision—they're rewriting the rules, one patent at a time.
Founders: Rakesh Malik , Pratap Narayan Singh
Wrapping Up: India’s Chip Chutzpah
Dear readers, as we close this edition, let’s reflect on India’s semiconductor journey. From tiny chips to giant leaps, we're on a thrilling tech odyssey. Our chai-loving, Bollywood-grooving nation is set to become a silicon superstar, ensuring no more global tech hiccups.
With robust government initiatives, a thriving talent pool, and a booming market, India is not just participating in the semiconductor race; we’re aiming for the podium. The future is bright, and the silicon saga has just begun.
Stay tuned, because when India’s chips are down, we rise to the occasion!
Until next time, keep innovating and stay chipper!
Writers: Ryan Frantz , Reeta Jose
Editor: Teja Lele