To position India as a global hub for electronic systems design and manufacturing (ESDM), the government has approved an outlay of $10 billion, and is offering fiscal support equivalent to 50% of the project cost under the scheme for setting up semiconductor fabs.
The PLI scheme in particular has taken off and has been widely welcomed by corporate India. So far 14 sectors have been selected for PLI benefits and there are visible gains in these sectors. The stock markets seem to have also rewarded companies which have embraced the PLI as an opportunity to bolster their domestic production capabilities.
Key industries like textiles and garments, electric vehicles, green hydrogen, aircraft and allied industries, renewable energy, semiconductors and ESDM, fintech, cybersecurity, AI, and machine learning will be the focal points of this trade show, the statement said
Prime Minister to inaugurate Global Trade Show on Jan 9 – The Times of India Read More »
The book Chip War, released in 2022, has emerged as the most incisive take on the global semiconductor industry. It discusses how no one country has been able to dominate semiconductor manufacturing but highlights India s potential role in the sector. Specifically, Tamil Nadu stands out with its increasing device manufacturing ecosystem and chip design talent pool. The state is becoming a center for smartphone assembly, a crucial aspect of building a chip industry.
New semiconductor policy incentivises hiring TN talent – The Times of India Read More »
The cabinet on Monday discussed about creating a favorable environment for the development of IT, ITES and ESDM industries in Bihar and creating employment. Bihar IT (Information Technology) Policy 2024 Has been approved. Under this policy, lump sum support of 30 percent will be given to IT, ITES and ESDM units with minimum fixed capital investment of Rs 5 crore.
There is an extraordinary competition among countries to become China plus-one, he said, adding Vietnam. Thailand, Singapore, Mexico are many viable locations
Tufts University Professor Chris Miller’s Chip War: The Fight for the World’s Most Critical Technology is an insightful book into the history of how the semiconductor industry helped America leave the Soviet Union behind in military and commercial technology during the Cold War and how, post-pandemic, chip-making prowess is once again key to the new competition for global power between the US and China.
CHENNAI: The Tamil Nadu Semiconductor and Advanced Electronics Policy 2024 released by Chief Minister MK Stalin on Monday aims at contributing 40% of India s electronics exports by 2030 and creating a skilled talent pool of two lakh people in this sector by 2030.
Tech companies reportedly fired over 220,000 employees in 2023. It was a jump of 40% from the previous year. And a record too. But take this contrast. Demand for tech talent still outstrips supply. So why is it so Does India IT have a talent management problem or there is more to it than meets the eye
Tamil Nadu is one of the most industrialised states, with an evolved industrialised culture, investor friendly government, rich and diverse talent pool and inherent strengths that are conducive for innovation. TAFE is keen to leverage the vibrant ecosystem of Tamil Nadu and work closely with the state government as it invests in new growth opportunities, said TAFE s chairman and managing director, Mallika Srinivasan.
Thank you for your interest in joining us for the event.
Registrations are now closed as we have reached full capacity.
