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Indian semiconductor companies eye global talent to spearhead operations
Economic Times
ยท
4m ago
Medial
Indian semiconductor companies are targeting global talent for leadership roles due to a lack of local expertise in the nascent semiconductor industry. Companies like Tata Electronics and CG Semi are hiring internationally to fill the talent gap as India strives to build a semiconductor ecosystem. With significant investment and government incentives, firms are paying high salaries to attract top global talent. Concurrently, efforts are underway to upskill local professionals to assume leadership roles in the future.
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Tata Electronics appoints KC Ang as president and head of Tata Semiconductor Manufacturing
Economic Times
ยท
3m ago
Medial
Tata Electronics has appointed KC Ang as President and Head of Tata Semiconductor Manufacturing. With over 30 years of experience in the foundry industry, Ang will spearhead the company's foundry operations, reporting to CEO Randhir Thakur. Previously with Global Foundries, Ang is expected to drive Tata Electronics' growth in the semiconductor sector. Ang, who holds degrees in engineering from National Taiwan University and the University of Texas, brings extensive global experience to his new role.
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India will play a major role in driving the global semiconductor industry: PM Modi
Economic Times
ยท
10m ago
Medial
Indian Prime Minister Narendra Modi emphasized India's role in driving the global semiconductor industry and creating a resilient global supply chain during his speech at the Semicon India industry conference. He highlighted India's partnerships with countries like the US, Japan, and Singapore in the semiconductor sector. Modi stated that India aims to expand its $150 billion electronics sector to over $500 billion by the end of the decade, creating millions of jobs. He emphasized India's talent pool, research investments, growing data center demand, and commitment to green transition in becoming a semiconductor powerhouse.
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India's chip industry: From stalled to successful
Economic Times
ยท
8m ago
Medial
India has made significant progress in its semiconductor industry with the successful first phase of the India Semiconductor Mission (ISM), resulting in the approval of five semiconductor projects. These projects include chip packaging plants and a chip fabrication unit, expected to be operational by 2027. The second phase of ISM is expected to focus on partnerships with global semiconductor leaders, expanding the raw material ecosystem, and developing skilled talent. Domestic companies like Tata Group and Murugappa Group have entered the sector, indicating India's openness to semiconductor manufacturing. Government support and nurturing the full supply chain are crucial for building a holistic semiconductor ecosystem. Skilled workforce development is also highlighted as a key factor for success.
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India needs 10 more chip fabs in next 10 years, says SEMI's Ajit Manocha
Economic Times
ยท
10m ago
Medial
India is in need of around 10 additional semiconductor chip fabrication companies to establish themselves in the country within the next ten years, according to Ajit Manocha, President of SEMI, the global semiconductor industry organization. Encouraging these companies to recognize the potential for growth, business, and opportunities in India is the challenge. Rather than limiting the country, the presence of more outsourced assembly and testing units should be seen as a positive step in the Indian semiconductor ecosystem. The next phase of development will involve bringing a complete ecosystem of companies into the semiconductor space.
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India's strength is the uniqueness in terms of capabilities and skills of the talent pool: Ford's Mike Amend
Economic Times
ยท
4m ago
Medial
India's unique capabilities and skills are attracting global companies like Ford, according to Mike Amend, Ford's chief enterprise technology officer. This talent, able to keep pace with the rapidly evolving market, supports Ford's global operations. Ford inaugurated a new 350-seater office in Bengaluru to tap specialized talent in areas like digital experience and AI. Continuous learning and educational investments are crucial as India fuels growth in tech hubs like Bengaluru and Chennai, fostering a strong talent pool.
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In India's semiconductor moment, spotlight on talent
Economic Times
ยท
1y ago
Medial
India's semiconductor sector is experiencing a surge in demand for talent as the government aims to position the country as a chip manufacturing hub. Investments worth $15 billion have been approved, with a predicted increase of 25-30% in job roles by 2024. This has led to a shortage of talent, prompting companies to hire not only from India but also from abroad. Salaries range from Rs 15-20 lakh for entry-level engineers to over Rs 2.5 crore for top talent. Major companies like L&T Semiconductor Technologies and AMD are actively hiring across various levels and skill sets.
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Tariff situation should get sorted out in short term: Salesforce CEO Marc Benioff
Economic Times
ยท
3m ago
Medial
Salesforce CEO Marc Benioff believes the current tariff situation will be resolved soon, benefiting global operations and marking India as a key player in ongoing global transformation. In a discussion with ET, Benioff highlighted the significant role of Indian talent in Salesforce's development and emphasized the emerging importance of AI and digital labor. He predicts that AI's growth will significantly impact companies worldwide, with India poised to benefit from these technological advancements.
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Meet The 7 Semiconductor Startups Powering Indiaโs Technological Prowess
Inc42
ยท
1y ago
Medial
The article discusses the emergence of India's semiconductor ecosystem and highlights a list of Indian semiconductor startups that are making significant contributions to the field. The startups mentioned include AGNIT Semiconductors, InCore Semiconductors, Mindgrove Technologies, Morphing Machines, Oakter, Saankhya Labs, and Terminus Circuits. These companies are engaged in various aspects of semiconductor technology, such as GaN semiconductor design, RISC/RISC-V processor cores, SoC design and production, IP products and solutions, and high-speed serial links. The Indian government's support for the semiconductor industry, along with partnerships with global semiconductor giants, further augments the growth of this sector in India.
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Govt equipping over 100 colleges with EDA tools to produce talent to develop semiconductor ecosystem
IndianStartupNews
ยท
1y ago
Medial
The Indian government is fortifying the semiconductor sector by providing over 100 colleges with cutting-edge electronic design automation (EDA) tools. Siemens EDA, Synopsys, and Cadence will supply these tools, crucial for preparing a skilled workforce. The initiative, part of the Chips to Startups (C2S) program, aims to make students industry-ready, addressing the global talent shortage predicted by Goldman Sachs. Strategic partnerships with Siemens, Synopsys, and Cadence support this initiative, emphasizing not only education but also startup incubation, fostering a robust semiconductor ecosystem in India.
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India key market for MediaTek; young demographic, growing economy fuel growth: Country MD
Economic Times
ยท
26d ago
Medial
India, with its young, tech-savvy population and growing economy, is an essential market for semiconductor giant MediaTek, according to India's MD Anku Jain. The country's strong economic growth and favorable demographics fuel adoption of advanced technologies like 5G and AI solutions. MediaTek's chipsets power various devices, including smartphones, smart TVs, and automotive solutions. The company plans to expand its R&D investments in India, emphasizing the country's engineering talent and contributing to global operations.
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