CAGR of 17% beats world average in the sector.
ISA, the apex trade body representing the Indian semiconductor industry released the ISA-DIT Study on semiconductor design, embedded software and services industry. The study was released by Shri. Kapil Sibal, the Honorable Minister of Communications & Information Technology at ELITEX 2011.
The Indian semiconductor design industry, consisting of VLSI design, embedded software development and hardware/board design is estimated at US$7.5 billion in 2010 and is expected to grow YoY at 17.3% and reach US$ 10.2 billion by 2012
The top 10 global fabless companies and the top 25 semiconductor companies have operations in India
The Indian semiconductor design industry employed workforce strength of 160,000 in 2010. Of this the largest number of jobs is in the embedded software space i.e. around 82%.
Increasing consumer electronic good sales, telecom/ networking market and growth in the use of portable/ wireless products globally, are driving the growth of the semiconductor design industry
Emergence of technologies like LED screens, 3G, Wi-Max translates into increased demand for semiconductor design
Automobile electronics in passenger and industrial vehicles are increasingly getting “smarter” with on-board computer systems used to enhance safety and customer experience
Commenting on the report, Poornima Shenoy, ISA President said, “India ranks in the top few countries in the world on the availability of relevant talent plus colleges and the ability for high end design companies to scale up. If we are able to fix the issues of sector specific skills and quality, India could become a world leader in this space. DIT’s support to this study underlines the importance that the Government of India accords to this industry.”
- Surfware Appoints David Holding Company as New VAR in Bulgaria & Romania
- Delcam's new web site for PartMaker CAM system for production machining
- Panso Solutions of India Joins the Aras Partner Program
- COMET robot machining consortium meets at Fraunhofer
- Delcam launches DentSCAN dental scanner
- Rapiscan Uses Autodesk Vault to Effectively Collaborate on Security Products
- EDS Technologies Signs MoU With Mar Baselios College Of Engineering
- Delcam's ArtCAM speeds ice bar production
- InventorCAM 2012 makes its debut, reducing cycle times by up to 70% for Autodesk customers, with iMachining
- SigmaNEST Delivers Results to Tampa Bay Steel