India and Singapore signed a Memorandum of Understanding on Semiconductor Ecosystem Partnership, facilitating Singaporean semiconductor companies’ entry into India. The agreement focuses on talent development, knowledge sharing, and building a resilient semiconductor supply chain between the two nations.

Publication: CNBC TV18

India needs at least 10 more semiconductor chip fabrication companies to set up shop in India in the next decade, said Ajit Manocha, president of the global semiconductor industry body SEMI.

Publication: The Economic Times

Singapore’s Foreign Minister Vivian Balakrishnan has said advanced manufacturing, semiconductors, aviation and maritime connectivity are going to be the new areas of collaboration, presenting ‘significant’ opportunity for both nations.

Publication: Money Control

Singapore is the largest foreign direct investor in India, The Straits Times notes, and Modi will be attending a business roundtable with the Singapore Business Federation, with a special interaction planned with leaders in Singapore s semiconductor ecosystem. This comes a day after the Union Cabinet approved India s fifth semiconductor facility in Gujarat, a response to the panicked shortages of semiconductors during the pandemic.

Publication: The Print

At the same time, the company is making aggressive capital investments in production facilities globally, and is expanding production capacity and local production of semiconductor materials.

Publication: Sme Street

The semiconductor industry is bracing for a major worker shortage. A recent McKinsey report predicts a talent gap of up to 146, 000 by 2029, with both engineers and technicians in short supply. Even with government support like the CHIPS program, current efforts to develop a skilled workforce may fall short.

Publication: Dq India

Government has discussed the development of power semiconductors with Infineon, Germany’s largest chipmaker, Electronics and IT Minister Ashwini Vaishnaw informed through a social media post on the platform X, on September 3.

Publication: Money Control

Wong and Lee will host Modi to separate meals. Modi will also meet with Singaporean business leaders and interact with those in the country’s semiconductor ecosystem. This visit will build synergies in semiconductor ecosystems of Singapore and India. Both PMs will visit a semiconductor manufacturing facility, officials said.

Publication: The Echo of India

India Will Need 10-20 semiconductor fabrication plants over the next 10 years and there is a lot of interest from global semiconductor companies to invest in the country, Ajit Manocha, president and CEO of global semiconductor industry body SEMI, said on Wednesday.

Publication: The Financial Express

In the global automotive semiconductor market, the company with a 14 per cent market share in the world, is already the number one player in this space.

Publication: Business Standard

Quoting from the TCS’ AI for Business study, he said most organisations are looking at how to balance risk with opportunity as they move forward with their AI strategy.

Publication: The Hindu Business Line