Summary
The conversation between Kumar Priyadarshi and Satya Gupta focuses on the semiconductor industry in India. They discuss the industry’s evolution, challenges, and potential, emphasizing the need for India to become a product nation. They highlight the importance of large product companies, increasing wafer consumption, and the role of professionals with global experience. They also discuss the government’s incentives for design researchers and tablet product companies, the risks in manufacturing, and the role of expats. Satya Gupta projects that India could have operational plants and companies generating significant revenue in five years. He also stresses the need for a robust ecosystem for product development, training technicians and engineers, domestic product development and manufacturing, and the exploration of opportunities in high volume applications.
What India Needs to do to ride the semiconductor bus
- Increase India’s wafer consumption
- Attract global semiconductor manufacturing companies
- Create a robust ecosystem for product development in the electronics and semiconductor industry
- Train technicians and engineers
- Improve domestic product development and manufacturing
- Explore opportunities in high volume applications
- Create specialized chips for various applications
- Enhance the efficiency of the bureaucracy and ministers with professionals with global experience
- Market electronics and semiconductor jobs better
- Simplify the perception of the complexity of the field
