In recent years, India has been in the limelight when it comes to supporting technological developments & innovations. In early 2022, the Union Cabinet approved the National Green Hydrogen Mission to attract and support key green hydrogen players across the globe in various aspects. Considering this endeavor to take such initiatives, commitment-based attitude, and ability to disrupt the overdependence on China and Taiwan like few nations for semiconductors, India and the US signed a memorandum of understanding (MoU) on establishing semiconductor supply chain and innovation partnership during the Commercial Dialogue 2023 held last month. Earlier, the governing agencies of both nations tended to build a resilient semiconductor supply chain through their respective missions: the US’s CHIPS and Science Act and India Semiconductor Mission. The CHIPS and Science Act, approved in August 2022, would focus on reducing costs, strengthening supply chains, and creating jobs. On the other hand, India Semiconductor Mission—launched in December 2021—aims towards building a vibrant semiconductor & display design and innovation ecosystem, thereby enabling the nation’s emergence as a global hub for electronics manufacturing, designing, and packaging. The recent MoU aims to leverage the complementary strengths associated with both independent missions and facilitate commercial opportunities through talks on various aspects of the semiconductor value chain.
Government-Led Initiatives to Build a Resilient Indian Semiconductor Industry: India does not have indigenous semiconductor manufacturing facilities, so it has begun to focus on attracting global chip makers to establish manufacturing facilities there. The nation has published a meticulous policy framework to offer financial assistance to businesses investing in semiconductor and display manufacturing; this will help pave the way for India’s expanding participation in the global electronics value chains. On December 15, 2021, the Government of India approved a $10 billion incentive plan, “Semicon India Program,” to attract investments related to semiconductor and display fabrication, as well as to become a key player in the global semiconductor supply chain. The Ministry of Electronics and Information Technology is simultaneously focusing on leveraging the global semiconductor supply chain & attracting foreign investment, for which it has set an ambitious target to achieve $300 billion in electronics manufacturing and exports by 2026. To align with this government-determined target, India will consume semiconductors worth $70-80 billion during the next four years.
Click below to read the complete article by ‘IEBS’@
https://www.iebrain.com/hidden-opportunities-in-the-underexplored-indian-semiconductor-industry/
About Ingenious e-Brain Solutions: -
Ingenious e-Brain Solutions provides high-quality, customized, and cost-effective Technology Intelligence, Business Intelligence, and Intellectual Property Intelligence solutions to industry leaders, and innovative companies across the globe. Innovation, knowledge, and transparency form the basis of our company’s mission and vision. Along with cost benefits, we provide highest quality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices in India and USA.
Ingenious e-Brain Solutions has a strong team of analysts, and subject matter experts with domain proficiency which is devoted to help clients grow. Our highly qualified professionals offer tailored, value-added and cost-effective services to our clients. We believe in building long term relationships with our clients who include national and international corporations, Fortune 500 companies, world’s leading research institutes and universities as well as independent inventors.
Get in Touch: -
India Office
207-208 Welldone TechPark, Sohna Road
Sector 48, Gurugram, Haryana 122018, India
+91 124 429 4218
Email: -
The global Semiconductor Rectifiers Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the semiconductor rectifiers market include Campbell Scientific, CropX Technologies, Earth Observing System, Element Material Technology, Manx Technology Group, METER Group Inc., SGS Group, Spectrum Technologies, Stevens Water Monitoring Systems Inc. and The Toro Company.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Semiconductor Rectifiers Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/semiconductor-rectifiers-market/download-sampleMarket DynamicsThe rising adoption of smart grids across the developing region and rising government spending on modern power distribution and generation infrastructure in developing regions are the significant factors that propel the growth of the market.
In addition to this, the rising number of telecommunication services and consumer electronic devices drives the growth of the market.
However, high cost and technical complexity may restrict the development of the market over the forecast period.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
COVID-19 Impact Analysis on Organic Semiconductor Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the organic semiconductor market include Eastman Kodak Company, GE, Sony, Toyota, Samsung, LG, AU Optronics Corporation, BASF SE, Sigma-Aldrich, Bayer Material Science AG, Dupont.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Organic Semiconductor Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/organic-semiconductor-market/download-sampleMarket DynamicsThe global organic semiconductor market is anticipated to thrive due to its promising prospects for use in various other electrical and optoelectric devices.
Organic semiconductors are gaining increasing attention in recent years because they have many attractive properties, including lightweight, low-temperature processing, mechanical flexibility, and abundant availability, distinguishing them from their traditional inorganic counterparts.
Another significant property of OSCs is that they can be processed using simple techniques, making electronic devices much easier and cheaper.
