2 days ago
India Semiconductor Ecosystem Set to Create 50,000–60,000 Jobs
India is building a larger semiconductor industry.
Semiconductors are tiny components used in many electronic devices.
The government expects this industry to create 50,000–60,000 direct jobs.
It says India trained 85,000 semiconductor engineers in four years.
India now wants to train 100,000 more engineers.
Students from smaller cities have already designed more than 250 chips.
A new plan called Semicon 2.0 will support chip design, factories, equipment, research, and training.
The India Semiconductor Mission will manage applications and oversee the supported projects.
India’s developing semiconductor ecosystem is expected to create 50,000–60,000 direct jobs, Ashwini Vaishnaw said.
India trained 85,000 semiconductor engineers in four years and aims to develop 100,000 more.
Students from Tier-II and Tier-III cities have designed more than 250 chips.
The government has notified all six pillars of the Semicon 2.0 Scheme.
Projects under Semicon 2.0 can generally run for up to six years, with applications initially open for three years.
- Who
- Union Electronics and IT Minister Ashwini Vaishnaw, the Government of India, and the India Semiconductor Mission.
- What
- India is expanding its semiconductor ecosystem through the six-pillar Semicon 2.0 Scheme, which is expected to create 50,000–60,000 direct jobs.
- Where
- India, including contributions from students in Tier-II and Tier-III cities.
- When
- The announcement was made on Monday; Semicon 2.0 applications will initially remain open for three years, with a mid-term assessment after three years.
- Why
- To strengthen India’s semiconductor design and manufacturing capabilities across chip design, fabrication, packaging, equipment, materials, research, and talent development.
Key facts
- Expected direct jobs
- 50,000–60,000
- Engineers trained
- 85,000 semiconductor engineers developed in four years
- Additional talent target
- 100,000 more semiconductor engineers
- Chips designed by students
- More than 250
- Semicon 2.0 pillars
- Design; machines and materials; more fabs; ATMP/OSAT; research and development; talent development
- Project duration
- Generally up to six years
- Nodal agency
- India Semiconductor Mission
Quotes
Ashwini Vaishnaw
Union Minister for Electronics and Information Technology
“In the coming years, close to 10 per cent of the global semiconductor industry’s market is expected to be in India. Students from Tier-II and Tier-III cities have already designed more than 250 chips.”
thehansindia.com
“In one case, commercial production commenced within just 13 months of the groundbreaking, while approvals were granted within 200 days, 150 days and even 90 days in multiple cases.”
thehansindia.com
Sources
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