India- the next major hub of the semiconductor industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit With the rising domestic demand for electronic products, an increasing number of collaborations with global manufacturing players to shift in India, and the Indian government’s encouraging policies like Make in India, Production Linked Incentive Scheme (PLI), the road to India’s success as a global hub of semiconductor manufacturing industry looks promising and a near possibility. 1. India’s semiconductor market is flourishing as a result of increasing design centres, rising local demand, expansion of chip manufacturing plants, and government support Key Findings India Semiconductor Manufacturing Sales Value increased at a CAGR of ~11% from 2017 to 2022. In India, semiconductors are designed and then sent to countries like China, Taiwan, the USA and a few European countries for manufacturing. India also plays a role in assembling, testing, and packaging of semiconductors. 2. However, the country still remains 100% import driven; India is only involved in designing, assembling, testing and packaging of semiconductors Request a Call with Expert to know more about the business modal Key Findings Research & Development: Pre-production efforts to increase processing capability & speed at a reduced cost. Design: Start of production. Highly skill-intensive, access to design software & IP blocks. R&D costs are high in this stage as well. Manufacturing: Highly capital intensive, access to manufacturing equipment, chemicals & wafer facilities, need to constantly upgrade facilities as per technological advancement. Assembly & Testing: Highly labor-intensive, less reliant on tech, high volume low margins, could be proved redundant by fabs creating wafer-level packaging. Distribution: Finished semiconductors are sold to Original Equipment Manufacturers (OEMs) for use in electronic goods. Needs an efficient logistics network. 3. The industry is poised to grow at a CAGR of ~19% in the coming years due to continued government push and rising demand from the end-user market India Semiconductor Manufacturing Sales Value is expected to increased at a CAGR of ~19% from FY’22to FY’27 Key Takeaways India is planning to expand chip manufacturing plants. International semiconductor consortium (ISMC), a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, plans to invest Rs 22,900 crore ($3 billion) in a chip fab. The 65-nanometer analog semiconductor fabrication factory is expected to provide opportunities for 1500 high-tech and high-quality jobs and at least 10,000 ancillary jobs. ISMC expects to help fund the development with the Indian government’s $10 billion semiconductor and display incentive plan. With the growing demand by end user industries such as industrial machinery, automobiles, telecommunication equipment, and office automation, among others for computing purposes is expected to accelerate the growth of the semiconductor market in the coming years. With internet penetration expected to reach 900 million users in the next few years from 622 million users in 2020, there will be an increasing adoption of smart devices, hence, contributing to the semiconductor market growth. 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