• The partnership augments the efforts by the government of India to propel India’ssemiconductor ecosystem.• SEMICON India will be collocated with electronica India and productronica India.
Messe München India, the Indian subsidiary of Messe München GmbH and a leadingorganizer of trade fairs in India, and SEMI, the global industry association advancing growthfor 3,000 member companies and helping the semiconductor industry deploy lifechangingtech worldwide, have officially inked a monumental agreement. The partnership heralds thecollaboration to host SEMICON India, in colocation with electronica India and productronicaIndia thereby creating Southeast Asia’s single largest platform for showcasing the latestadvancements in electronics and semiconductor industry.
The collaboration comes in the wake of the earlier announcements by the IndiaSemiconductor Mission (ISM) at the SemiconIndia 2023 event in Gandhinagar andsubsequently at the curtain raiser of SEMICON India during electronica India andproductronica India 2023 in Bengaluru and signals a significant stride in advancing India’sdomestic semiconductor ecosystem and connecting it to the global industry.
India has emerged as an attractive destination for semiconductor manufacturing andsourcing due to its rapidly expanding domestic market, demand for new-age electronicsincluding electric vehicles, and a fast-developing supply chain for machinery, components,assembly, testing, and many other specialised products and services. Creating a frugalsupply chain for semiconductor manufacturing in India is the need of the hour.
Giving a sense of the opportunities that await participants at SEMICON India, BhupinderSingh, CEO, Messe Muenchen India, said, “India’s demand for semiconductors is valuedat $24 billion today, and this is likely to emerge as a $110 billion opportunity by 2030. Thisexplains the initiatives by global semiconductor companies to enter the Indian market. As theorganisers of South Asia’s largest trade fair for electronics manufacturing – electronica Indiaand productronica India, we are excited to work with SEMI to host SEMICON India.It will be a vital event for the semiconductor industry in India, providing a platform forcompanies across the semiconductor ecosystem to showcase their latest products andtechnologies, and to network with potential customers and partners. We are confident thatSEMICON India will play a key role in advancing the domestic semiconductor ecosystem.”
Regarding SEMICON India, Ajit Manocha, President and CEO, SEMI, said, “Consideringthe inherent strengths of the Indian economy, the government’s India SemiconductorMission is an open invitation to the world to make and source semiconductors in India. Frompolicy support to talent availability and attractive demand, India has all the elements forsuccess in semiconductor design and manufacturing. What the country needs today is amature and resilient supply chain that can respond to the exponential demand. SEMICONIndia will be a place for all stakeholders to come together and build win-win partnerships todevelop the ecosystem in India. Thus, we are excited to host SEMICON India with ourlongstanding partners Messe München.”
SEMICON India will give Indian semiconductor and electronics companies access to globalsemiconductor and electronics manufacturing and design supply chain, thereby integratingthe upstream and downstream value chains for semiconductors. Additionally, it will provide aplatform for stakeholder participation in critical initiatives across areas including WorkforceDevelopment, Sustainability and Supply Chain Management to advance industry growth.
About this collaboration with SEMI, Dr Reinhard Pfeiffer, CEO, Messe München, said,“Today, global manufacturers are looking to diversify their supply chains, and India offers theworld a unique opportunity in this regard. We have had a successful partnership with SEMIin hosting SEMICON Europa in Munich, and the decision to jointly host SEMICON India is anatural extension of this partnership. SEMICON India promises to be a high-energy meetingplace of ideas and innovators from the global industry, and I am very excited to see thisplatform contributing towards the development of the ecosystem in India.”
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