India - A Potential Market for Semiconductor Industry

Released on = April 10, 2007, 2:29 am

Press Release Author = Shushmul Maheshwari

Industry = Semiconductors

Press Release Summary = India, a country that has always remained the center for the
research and development of semiconductor, is now presenting itself as one of the
hottest marketplaces for its consumption as well.

Press Release Body = For years, India has remained a hub for the R&D and design of
semiconductor. The country is now emerging as a vast market concerning the
consumption of the same.

The states in this country are vying to clinch the maximum investment from the
semiconductor industry. Interestingly enough, the two most common states namely
Kerala and West Bengal and even Tamil Nadu were virtually at war with one another so
that they could attract the manufacturers of semiconductors at the twentieth
International Conference on VLSI (Very Large Scale Integration) design & embedded
system. The conference was recently held at Bangalore.

Biswadip Mitra, Managing Director with the Texas Instruments India and the president
of India’s VLSI Society said, \"India has always been a great R&D site for
semiconductor design. However the increase in local consumption of electronic
equipment has changed the equation now. This is a once in a generation opportunity
for the semiconductor industry in the country, which is growing rapidly\". This news
appeared in Business Standard on November 27, 2006.

“Keeping this in mind, the VLSI Society of India is aggressively focusing on
bringing the academia and the industry closer through a series of seminars,
workshops and symposium to create 10,000 VLSI professionals by 2010,” Biswadip
Mitra added.

While the contribution of VLSI at present is just 8% to exports out of Chennai, the
percentage should improve in the years to come, hopes C Umashankar, MD for ELCOT
(Electronics Corporation of Tamil Nadu).

As per the RNCOS report “Semiconductor Industry (2007-2010)”,
“Owing to the growing demand, Asia-Pacific market outperformed global average
semiconductor industry in 2005-2006. Demand for products making use of
semiconductor, for example consumer electronics and computers in India and China,
has been one of the key factors driving the growth of semiconductor industry in this

This research report on “Semiconductor Industry (2007-2010)” provides
extensive research and objective analysis of the Semiconductor Market. It also
addresses some interesting issues for today’s global business environment. The
issues and facts analyzed in this report include: trends in Global Semiconductor
Market with respect to market value, segmentation, Capital Spending, Major
Companies, future prospects etc, opportunities and challenges associated with the
market and so on.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit:
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Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92

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