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India sets to lead $14 Billion semiconductor industry
By siliconindia
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Wednesday, 22 October 2008, 16:54 IST |
13 Comments
Bangalore: The aura of India's innovative skills has unshackled its reputation of being an outsourcing hub for the semiconductor sphere. Infact, the country can soon stand as a leader in the embedded industry which is predicted to touch $14.42 billion in 2010 and $43.07 billion in 2015 by the Indian Semiconductor Associate (ISA) and Frost & Sullivan.
However, Michael Barr, President of Netrino says, "As opposed to IT, software developed for embedded systems is more specialized. India needs more engineers in the field of embedded systems and Indian universities are failing to provide that." So, to lead in the Asia-Pacific semiconductor market, which is predicted to generate $203 billion by 2012, the country shall require more hands-on laboratories and co-op universities.
But as far as the skill is concerned, India and china are recognized for their pioneering efforts towards the industry. "The semiconductor industry has always been driven by volumes and countries such as India and China have played a significant role in reducing the cost of embedded systems, such as those used in mobile phones," says Jack Ganssle, an embedded systems expert and chief engineer with The Ganssle Group, as reported in Business Week.
Ganssle also sees opportunity for the Indian market at exploiting avenues through IC (integrated circuits) fabrication to generate extremely low-cost RFID (radio frequency identification) components. Moreover, being guided by volume the industry�s market in India is witnessing the growth wave through developments within the country labs. Richard Wallace, Global Editorial Director of Techinsights says, "India is currently witnessing a second wave of growth in this industry. Homegrown companies like Tejas Networks and Mistral Solutions, are doing some high-end designing in this field." Infact even investment in this field has grown significantly with multinationals investing in new design operations or expanding their existing facilities in India.