The incentives include a 50% capital subsidy for the establishment of semiconductor fabs, as well as a 25% capital subsidy for the establishment of display fabs. The incentives also include a waiver of import duties on capital goods and raw materials, as well as a tax holiday for the first five years of operation.
Odisha’s New Policy Boosts Semiconductor Sector with Attractive Incentives – Additional Subsidies for Semiconductor Manufacturing Companies under India Semiconductor Mission (ISM) – Financial Benefits for Fabless Design Companies In a significant move to establish itself as a prominent player in…
Discover the potential of India's emerging semiconductor industry as it strategically focuses on legacy nodes to drive growth. With government support and a favorable policy environment, the country is attracting domestic and foreign investments, laying the foundation for a robust semiconductor ecosystem.
In a significant development, India has declined a proposal from Chinese automaker BYD to set up a massive $1 billion electric vehicle (EV) factory in collaboration with a Hyderabad-based infrastructure company. This decision was taken amid growing concerns about security implications tied to Chinese investments in India's EV sector. BYD, backed by Warren Buffet, had aimed to capture a substantial portion of India's EV market by 2030 with its ambitious proposal. However, the Indian government's increased vigilance over Chinese firms investing in the country led to heightened scrutiny of the plan.
In a move aimed at catalyzing economic growth and technological development, the Odisha Cabinet has given the green light to a Semiconductor Policy. The policy seeks to create a conducive environment for investment in the semiconductor industry within the state. By offering incentives, infrastructure support, and a favorable business ecosystem, Odisha aims to attract semiconductor companies and promote innovation in the sector. This decision reflects the state government's commitment to positioning Odisha as a hub for semiconductor manufacturing and research, fostering job opportunities and economic prosperity.
India's manufacturing sector is experiencing a notable boom, attracting attention from investors and economists alike. With favorable government policies, a growing skilled workforce, and a vast domestic market, the country has emerged as a manufacturing powerhouse on the global stage. Industries like automobiles, electronics, pharmaceuticals, and textiles have witnessed substantial growth, bolstering India's economic prospects.
China's recent embrace of RISC-V architecture represents a momentous paradigm shift in the realm of chip independence. By adopting this open-source instruction set architecture, China is breaking away from conventional chip designs and taking a bold step towards reducing reliance on foreign chip technologies. The move not only strengthens China's position in the semiconductor sector but also fosters a new era of innovation, propelling the country towards self-sufficiency in chip development and manufacturing.
The semiconductor industry is experiencing a significant talent shortage, creating a growing concern for companies worldwide. As technological advancements continue to drive the demand for semiconductor products, the industry struggles to find enough skilled professionals to meet the requirements of critical positions. The talent shortage poses challenges in developing innovative solutions, sustaining growth, and addressing market demands effectively. This article sheds light on the reasons behind the talent shortage and highlights the importance of adopting strategic measures to attract and retain skilled individuals, securing the industry's future and continued success.
This career roadmap provides aspiring RFIC (Radio Frequency Integrated Circuit) engineers with a step-by-step guide to achieving success in their chosen field. From educational qualifications and essential skills to gaining practical experience and advancing to leadership roles, this roadmap outlines the key milestones and strategies to build a rewarding career in RFIC engineering.
Are you a VLSI engineer looking to secure interview calls for your dream job? In this competitive industry, it's essential to stand out as a top candidate. This article provides ten solutions to help you increase your chances of landing those coveted interview opportunities.
