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Domestic demand, labour supply give India structural advantage in semiconductor push: Bain & Co

🔌 India’s Semiconductor Dream Has A Catch

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

đź‘€ OOPS SAYS

Having the workforce to build microchips and the massive market to buy them is a great start—now India just has to solve that tiny, minor hurdle of actually acquiring the technology to make them.

What actually happened

India's strong domestic demand and demographic dividend give it an advantage in the global semiconductor race, but access to core technology remains a key hurdle, said Balaji Thirumalai, Partner and India Head of Semiconductors and Electronics Manufacturing Practice at Bain & Company. He said Semicon 2.0's focus on talent, fabs, OSATs, design, equipment and materials is needed to build a complete ecosystem.

Key points

  • India's strong domestic demand and demographic dividend give it an advantage in the global semiconductor race, but access to core technology remains a key hurdle, said Balaji Thirumalai, Partner and India Head of Semiconductors and Electronics Manufacturing Practice at Bain & Company.
  • He said Semicon 2.
  • 0's focus on talent, fabs, OSATs, design, equipment and materials is needed to build a complete ecosystem.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #technology
  • #domestic
  • #demand
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