India seeks local chip design and growth capital for telecom sector
What happened
Ashok Chandak, President of the India Electronics and Semiconductor Association and President and CEO of SEMI India, stated that India needs to strengthen domestic chip design for telecom infrastructure and provide growth capital to small and medium enterprises. He noted that a significant portion of India's telecom infrastructure currently relies on imported content, and domestic chip design for the sector remains limited. The proposed Semicon 2.0 policy could encourage local chip design and the development of indigenous intellectual property to meet 5G and 6G requirements.
From ianslive.in
Why it matters
The push aims to reduce India's dependence on imported telecom infrastructure content. By encouraging local chip design and IP development through the Semicon 2.0 policy, the government seeks to support domestic manufacturing and technological self-reliance in the telecom sector.
From ianslive.in