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India to be a major center for semiconductor packaging and assembly

India to be a major center for semiconductor packaging and assembly

Posted Date: 2023-08-02

August 1, 2023 /SemiMedia/ — Utilized Supplies, a maker of semiconductor manufacturing gear, is increasing in India, in accordance with Bloomberg. India is turning into a serious heart for semiconductor packaging and meeting, stated Prabu Raja, group president of Utilized Supplies. This may present a stable basis for the business, setting the stage for India to maneuver into more difficult and dear semiconductor manufacturing.

“Chip packaging is the subsequent huge shift that’s about to occur, and it’s the appropriate path,” Prabu Raja stated in an interview.

Prime Minister Narendra Modi has been vigorously selling the semiconductor business, together with launching a $10 billion fund almost two years in the past to lure chipmakers. Indian Prime Minister Narendra Modi stated that with the announcement of funding plans by multinational corporations corresponding to Foxconn and AMD, India hopes to change into a dependable accomplice of the semiconductor business and the world’s chip producers.

Micron Know-how is constructing a $2.75 billion semiconductor meeting and testing plant within the western Indian state of Gujarat. Utilized Supplies stated final month it might make investments $400 million over 4 years to construct a brand new engineering heart in Bengaluru, the place it already has a analysis heart.

U.S. chipmaker AMD additionally stated it might make investments about $400 million in India over the subsequent 5 years, construct its largest design heart within the Bengaluru tech hub, and create 3,000 new engineering jobs inside 5 years.

Prabu Raja stated that whereas they haven't but assembled chip-making gear in India, they are going to use the brand new heart to work with suppliers and companions on new merchandise.

“Confidence in India has risen over the previous few years,” Prabu Raja stated. “When you have a look at the worldwide semiconductor ecosystem in Silicon Valley, there are a whole lot of Indians. Firms coming to India might use a mix of expertise from international hubs and from India.”