Micron’s choice is in line with Washington’s strategy to lessen the risks associated with doing business in China while linking the US economy with that of India. Beijing banned Micron goods last month, claiming that the company had failed a security examination. This infuriated the Biden administration.
Source: Business Standard
The first phase of the new facility’s development is anticipated to go into service in late 2024. Instead of producing semiconductor chips, the facility will test and pack them. Nevertheless, Micron’s facility supports the goal of turning India into a semiconductor hub. Applied Materials, a US manufacturer of semiconductor tooling, will also put $400 million into a new engineering facility.
In order to teach 60,000 engineers, Lam Research. India has relentlessly pursued expertise in the field of software for many years. A variety of digital technologies have begun to show the outcomes. The hardware problem is a different challenge to solve. Chip supply chains will not move as a result of subsidies alone.The aim is to create larger clusters that can support manufacturing, long-term operations, and knowledge transfer.
Source: CNBC- TV 18
By 2030, the market for chips worldwide is anticipated to reach $1 trillion. It is resource-intensive, calls for highly skilled people, and is currently experiencing a skills deficit. The number of semiconductor employment vacancies is expected to increase as India begins its silicon journey. India has to take advantage of this talent pool and figure out how to provide engineering students practical, industry-relevant training. Taiwan serves as a hint. Public-private partnerships that prioritise training and certification are responsible for its success.
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