Future of Chip Design
Industry
ISA is very
upbeat about the initiatives announced by the government in the recent past for
promoting the fabless industry and also setting up an India fab to kick-start manufacturing
activity in the country
Electronics, a USD 1.75 trillion market, is the largest and
fastest growing manufacturing industry in the world. The year 2020 has special
significance for the Indian Electronic Systems Design and Manufacturing
(ESDM) industry with the Government announcing its vision for the years to
come as per the National Policy on Electronics 2011. “Vision 2020” is an
ambitious yet strategically crucial vision of the Indian ESDM industry reaching
a turnover of USD 400 billion by 2020.
The Indian chip design industry – including VLSI design, embedded
software development and hardware/board design – is an integral part of the
ESDM ecosystem. Pegged at USD 7.5 billion in 2010, the industry is expected to
reach USD 10.2 billion in 2012. As part of Vision 2020, the government aims to
make India a global leader in Very Large Scale Integration (VLSI), chip
design and other frontier technical areas, and achieve a turnover of USD 55 billion
by 2020.