India’s semiconductor landscape rife with opportunities

The global semiconductor manufacturing supply chain market is expected to grow from $240 billion in 2022 to $420 billion by 2030. In this scenario, India can look at addressing 8-10% of the global demand, which amounts to $40 billion by 2030, according to a report by the India Electronics and Semiconductor Association.

The report noted that the Indian government’s initiatives over the last few years, to boost semiconductor fab and OSAT investments by inviting global firms, has created awareness about the importance of global supply chains and led to increased interest among domestic suppliers.

We take a look at the potential opportunities and challenges facing the sector.

What’s needed

• Capital subsidy, R&D, opex incentives to encourage firms to invest in supply chain.
• G2G support to break into global supply chain, creating ease of exports.
• Training and skill development funding for the industry.

Roles expected to see high demand

• Processing
• Equipment engineer
• IC testing engineers
• Capacity planning managers

What Indian suppliers can address (by segment)

• Equipment: Build to print parts, gas purification systems and chemical delivery systems, sheet metal fabrication, etc.
• Chemicals: Phosphoric acid, hydrochloric acid, sulphuric acid, isopropyl alcohol, etc.
• Gases: Hydrobromic acid in gas form, phosphine gas, ammonia, carbon dioxide, etc.
• Services: In-fab (remote operations, service support, equipment installation, digitisation), packaging, support services, supply chain services, engineering design services, silicon validation and automated test equipment, etc.

Areas where job opportunities are anticipated over the next 2-5 years

• Design
• Manufacturing
• Training
• Supply chain management
• Chemical and materials engineering
• Packaging, testing, and logistics

Key domestic companies supplying or planning to supply equipment and materials for semiconductor manufacturing supply chain

Also Read: Semiconductor market in India is charging towards a $103.4-billion future