False


Download Learnerz IAS app from the Play Store now! Download

$show=search/label/May%202022

 


India's efforts to boost its semiconductor industry UPSC NOTE

SHARE:

  Current Status and Challenges: India has a large electronics export industry valued at $110 billion . However, the value addition in these...

 Current Status and Challenges:

  • India has a large electronics export industry valued at $110 billion.

  • However, the value addition in these exports is only around 18-20%, primarily due to assembly and labor.

  • This reliance on assembly work creates a risk, as other countries with cheaper labor could easily take over this role.

Government Initiatives:

  • The Ministry of Electronics and Information Technology (MeitY) is committed to deepening India's value chain in the semiconductor sector.

  • The government has launched a ₹76,000 crore incentive program for developing a sustainable domestic semiconductor and display ecosystem.

  • This program offers a 50% subsidy from the central government, with some states providing additional incentives, bringing the total subsidy up to 75%.

  • The government may seek additional funding from the Union Finance Ministry in the future.

Focus on Manufacturing:

  • To become a major player in semiconductors, India needs to move beyond assembly and focus on manufacturing components.

  • This requires precision manufacturing at the atomic level, which is an area where India can learn from leading manufacturers like Taiwan, Korea, and Japan.


Building the Ecosystem:

  • The government's strategy goes beyond just attracting large fabrication plants (fabs).

  • It aims to support the entire semiconductor ecosystem, including:

    • Suppliers of equipment (nearly 300 vendors)

    • Manufacturers of necessary chemicals

  • By supporting the entire ecosystem, India can build a robust and sustainable semiconductor industry.

India's Strength in Design:

  • While India faces challenges in manufacturing, it has a strong presence in semiconductor design.

  • An estimated 20-25% of the global design workforce is based in India.

Overall Goal:

  • The Indian government's plan is to leverage India's design strengths and address its manufacturing limitations to become a major player in the global semiconductor industry. 

  • This will require collaboration between the central government, MeitY, state governments, and private companies.

COMMENTS

Name

Amritsar,1,April 2024,301,Art & Culture,11,August 2023,251,August 2024,400,Courses,7,Daily Current Affairs,51,December 2023,189,December 2024,76,Disaster Management,2,Environment and Ecology,323,February 2024,228,Foundation Course,1,Free Class,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,311,Govt Schemes,2,GS 2,1,GS1,56,GS2,454,GS3,291,GS4,1,GST,1,History,12,Home,3,IAS Booklist,1,Important News,71,Indian Economy,310,Indian History,24,Indian Polity,341,International Organisation,12,International Relations,260,Invasive Plant,1,January 2024,240,July 2023,281,July 2024,375,June 2022,6,June 2023,268,June 2024,324,March 2024,238,May 2022,17,May 2024,330,Mentorship,2,November 2023,169,November 2024,341,Novermber 2024,2,October 2023,203,October 2024,369,Places in News,2,Science & Technology,318,Science and Technology,119,September 2023,205,September 2024,336,UPSC CSE,115,UPSC Tips,4,
ltr
item
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: India's efforts to boost its semiconductor industry UPSC NOTE
India's efforts to boost its semiconductor industry UPSC NOTE
https://lh7-us.googleusercontent.com/slidesz/AGV_vUdtER1ZvfU92j7snPlumtd_6E0yihhxvzekGrmzR48kiQAKeD9ocs2caLN40S7fEJmkgE1jKEqMO5mrCwiRHyAl1V_uru4OgJTUVmXnKNxUtx0OVNiHqtFaKxxgYSAPmkhwQUCS3j6CfLR8E-UKvJqpGRUoAIbhLlD6_zFodiQxmw=s2048?key=EU_YNfKciwkoU_pjA2g0iw
https://lh7-us.googleusercontent.com/slidesz/AGV_vUdtER1ZvfU92j7snPlumtd_6E0yihhxvzekGrmzR48kiQAKeD9ocs2caLN40S7fEJmkgE1jKEqMO5mrCwiRHyAl1V_uru4OgJTUVmXnKNxUtx0OVNiHqtFaKxxgYSAPmkhwQUCS3j6CfLR8E-UKvJqpGRUoAIbhLlD6_zFodiQxmw=s72-c?key=EU_YNfKciwkoU_pjA2g0iw
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2024/07/indias-efforts-to-boost-its.html
https://www.learnerz.in/
https://www.learnerz.in/
https://www.learnerz.in/2024/07/indias-efforts-to-boost-its.html
true
4761292069385420868
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content