India is set to strengthen its position in the global semiconductor industry by hosting SEMICON India 2024 from 11th to 13th September at India Exposition Mart Ltd. in Greater Noida, Delhi NCR. The event will gather more than 250 companies from 24 countries, providing a strategic platform for key players across the semiconductor supply chain, including equipment manufacturers and fabricators. This event marks a significant leap in India’s ambition to become a global hub for semiconductor manufacturing.
Focus on India’s Semiconductor Ecosystem
Shri Akash Tripathi, CEO of the Indian Semiconductor Mission (ISM), emphasized the importance of the event in promoting collaboration between industry players. He highlighted that SEMICON India will serve as a crucial forum for business-to-business interactions, partnerships, and discussions on smart manufacturing, supply chain management, sustainability, and workforce development. With ongoing semiconductor projects in India, the event will address the growing demand for a complete semiconductor ecosystem.
India’s semiconductor potential has attracted global attention, and SEMICON India 2024 will further showcase India’s advancements, underlining the nation’s rising importance in this critical sector. The joint ventures and investments from global tech giants, including Tata’s collaboration with Taiwan’s Powerchip in Dholera and Micron’s project, are milestones in India’s journey to becoming a semiconductor powerhouse.
Strategic Complementary Events
Alongside SEMICON India, the Electronica and Productronica Exhibition will take place, highlighting the synergy between electronics manufacturing and the semiconductor industry. This exhibition complements the core agenda of SEMICON India, reinforcing the mutual growth of both industries.
Global Semiconductor Executives Summit
On the 10th of September 2024, just ahead of SEMICON India, the Semiconductor Executives’ Summit will be held at Bharat Mandapam. This summit will provide an opportunity for Indian and global executives to discuss best practices, policy frameworks, and the roadmap to establishing a robust semiconductor ecosystem in India.
Shri Akash Tripathi expressed the importance of learning from the experiences of other nations, stating that the summit will help India understand the challenges and opportunities in the semiconductor sector. He further emphasized the country’s potential to emerge as a reliable partner in the global semiconductor supply chain, focusing on diversifying supply chains and reinforcing policies that cater to the entire ecosystem, from fabs to packaging and OSATs (Outsourced Semiconductor Assembly and Test).
India’s Growing Semiconductor Influence
Shri Ajit Manocha, President and CEO of SEMI, highlighted India’s unique strengths in design capacity, its rich talent pool, and the support of world-class educational institutions. He emphasized that India’s democratic structure and adherence to international laws make it a favorable environment for the semiconductor industry.
With major global players keen to invest, SEMICON India 2024 will serve as a platform for industry leaders, investors, and innovators to explore partnerships and discuss future trends, ultimately positioning India as a significant contributor to the global semiconductor landscape.
Conclusion
SEMICON India 2024 is not just a platform for showcasing India’s capabilities but a testament to the nation’s growing influence in the global semiconductor industry. The event promises to be a key driver in shaping the future of semiconductor manufacturing and supply chains, establishing India as a crucial hub for innovation and growth in this field.