The chip race in India is gaining momentum as local companies strive to develop advanced semiconductor products. With the government\“s support through initiatives like the Production Linked Incentive (PLI) scheme, Indian firms are focusing on designing and manufacturing chips for various applications, including mobile devices, automotive systems, and consumer electronics. This push aims to reduce dependency on imports and boost the country\“s self-reliance in technology.
In recent years, Indian startups and established players have made significant strides in creating energy-efficient and cost-effective chips tailored to local needs. For example, companies are working on processors for 5G networks, IoT devices, and artificial intelligence, which are crucial for India\“s digital transformation. The emphasis on innovation and skill development is helping to position India as a key player in the global semiconductor industry. |