The region's leading semiconductor event, SEMICON India 2024 commenced on 11th September, 2024 with inauguration presided over by Honourable Prime Minister Narendra Modi at the India Exposition Mart Ltd. (IEML) in Greater Noida. Organized by SEMI in partnership with Messe München India, MeitY, India Semiconductor Mission (ISM) and Digital India, the event brings global semiconductor industry companies to exhibit and present on addressing challenges such as talent shortages, supply chain redesign, and sustainability concerns.
SEMI has officially launched its Workforce Development Programme in India with a workshop on semiconductor manufacturing, in partnership with ESSCI at IIT Delhi. The program emphasises collaboration with educational institutions to create curricula for semiconductor design roles and co-develop skill development initiatives.
Representatives from Uttar Pradesh, Gujarat, Assam, Karnataka, Odisha, and Tamil Nadu will showcase their vision and policies to attract investments and drive growth. SEMICON India features SEMI programs such as Sustainability and Smart Manufacturing, supporting the favorable regulatory policies by the ISM and the Government of India and facilitating global investments to strengthen India's position in the industry.
Honourable Prime Minister Narendra Modi, said, "India is now the eighth country to host the SEMICON event, underscoring its growing global significance and has become a key platform for providing reliable solutions for existing chip challenges. We are all set up to accommodate a workforce of 85,000 technicians, engineers, and R&D experts and a robust semiconductor ecosystem is inevitable to make the youth job-ready."
"India is on the path to becoming the next semiconductor powerhouse in Asia, and the stars are now aligned to create an ecosystem that enables growth for India and the world. With AI fueling global semiconductor demand, around 150 new fabs will be required to meet the industry's ambitious $1 trillion target by 2030. India will need to achieve exponential growth to maximize its share, and SEMICON India will help to catalyze this market, augmenting ISM's roadmap and favorable policies" said, Ajit Manocha, SEMI President and CEO.
He further added, "India is projected to face a workforce shortage of 250,000 to 300,000 professionals by 2027; upskilling India's raw talent to meet this demand is crucial, and global players have a vital role in this effort," Manocha said. "In partnership with leading Indian institutions, SEMI aims to address this talent gap by equipping the future workforce with the necessary skills and expertise to thrive in the evolving semiconductor landscape."
Akash Tripathi, CEO, ISM, said, "India Semiconductor Mission, Ministry of Electronics & IT, and Government of India are committed to a diversified and resilient semiconductor supply chain. In the last 32 months, ISM has placed India in the semiconductor manufacturing map of the world, with four semiconductor manufacturing facilities coming up with a total investment of over USD 17 billion. With a very strong talent pipeline and strong resolve of GoI to support the development of the semiconductor industry in India, I am sure we will be successful in becoming a trusted partner in the global value chain of semiconductors in the coming years."
The event co-located with Electronica India and Productronica India, features more than 250 exhibitors, of which over 140 are international exhibitors, including companies such as SEMI, NXP, Foxconn, PSMC, Renesas, Tata Electronics, CG Power, Applied Materials and Cadence.
