India must smartly identify opportunities in each stage of the semiconductor value chain. For example, going for large volume, lower end products widely used in consumer electronics & autos
Two recent events showed how India’s semiconductor programme allowed few course corrections to stay firmly on track. This may be the right time for India to take a bold gambit in all segments of chip making. And, course corrections show that strategy is flexible, not cast in stone.
US company Micron Technology’s decision to invest $825mn in India for a Chip Assembly Testing and Packaging (ATP) unit is a significant boost for India’s semiconductor industry. India has cost-effective and skilled IT professionals, which positions it well in this segment. However, no one trusts a new player in a critical finishing task. The Micron deal addresses this concern by allowing the company to use chips produced in other countries for testing and packaging in India.
US company Micron Technology’s decision to invest $825mn in India for a Chip Assembly Testing and Packaging (ATP) unit is a significant boost for India’s semiconductor industry. India has cost-effective and skilled IT professionals, which positions it well in this segment. However, no one trusts a new player in a critical finishing task. The Micron deal addresses this concern by allowing the company to use chips produced in other countries for testing and packaging in India.