Singapore will help India to raise the production of semiconductors

Singapore will help India to raise the production of semiconductors

Whoever speaks about corruption in Russia, can not even imagine what the level of corruption in India. Due to the differences in the various levels of government in this country construction of the first semiconductor plant in India postponed the tenth consecutive year. By the winter of 2014 with the construction of the question almost decided. To cater to all interested parties, it was decided instead to build one plant two plants with initial funding at the level of 10 billion US dollars. But in the spring of 2014 in India, elections to the National Congress and the election period were forbidden to receive money on lobbying laws. And if there is no money, the interest of senators to this issue simply disappeared. Disappeared for a time, of course. The plant is needed. India country rather big, and in China for vital not run over.

Indian industry association IESA (India Electronics and Semiconductor Association) has decided to approach the issue from the other side. For practical help, she turned to her colleagues from Singapore. The other day between IESA and SSIA (Singapore Semiconductor Industry Association, Singapore Semiconductor Industry Association) signed a memorandum of understanding under which the parties will develop mechanisms for trade and technical co-operation of the semiconductor industry in both countries.

The difference in the population of India and Singapore is enormous. In India, about 1.2 billion people, and in Singapore only 5.3 million inhabitants. In this case, there is the trade imbalance in the field of electronics in favor of Singapore. India annually imports from Singapore electronics at 2.7 billion US dollars, while exports of electronics back only $ 0.3 billion. In this case, the number of system architects in Singapore only 1,200 people. In India – 20 thousand. Also, Singapore boasts 14 semiconductor plants and 20 plants for packaging and testing of chips. In India, as we noted above, the fact there is no single semiconductor factory.

Cooperation of industry organizations in both countries promises to create the ground for the development of the semiconductor industry in India. Singapore, in turn, relies on engineering resources partner country, and intends to gain a firm foothold in the semiconductor market in India. This market has a huge potential for further growth. In this regard, China has become too tough for many local players. The Chinese have themselves with a mustache. Therefore, a reversal in the direction of regional manufacturers of India is inevitable.

Singapore will help India to raise the production of semiconductors updated: February 13, 2015 author: John Malkovich