Focusing on EV and semiconductor growth and Bengaluru at the centre, India’s booming electronics sector depends more on engineering excellence. What do the experts have to say?
Electronics industry players are heavily investing in design engineers to maintain their competitive edge in the Indian market, which is currently undergoing a transformation, thanks to the semiconductor and electric vehicle sectors.
According to a report by the New Indian Express, Bengaluru, in particular, has become a hub for this, with global capability centres (GCCs) nurturing innovations.
What are the experts saying? According to the report, Sameer Mehta, Chairman of the audio solutions company BoAT, stressed that multidisciplinary engineering is vital and that the role of GCCs, especially in semiconductors, is rapidly evolving.
Growing rapidly, the Indian market currently imports $40 billion worth of semiconductors annually, a number projected to increase by 7% each year due to rising demand.
At the same time, India’s two-wheeler market is being reshaped by EVs. Currently producing 18 million vehicles annually, projections estimate that production will surge to 30 million by 2031.
Swapnil Jain, Co-founder of Ather Energy, pointed out that core technologies essential for EV are now being developed in India, in contrast to the limited advancements in traditional petrol vehicles. Since 2017, the market has witnessed the introduction of several smart features that have revolutionised the industry.
India’s rapidly expanding semiconductor and electronics manufacturing industries present immense opportunities not only for the automotive sector but also for consumer electronics and aerospace. Is it on track to lead the future of smart technology globally?
Another expert, Gokul Subramaniam, President of Intel India, emphasised the need to maintain momentum in the semiconductor industry. He noted that recent technological breakthroughs have enabled companies to develop innovative solutions and that the future focus will shift to integrated system-level solutions.
He also highlighted the significant opportunity to expand semiconductor manufacturing in India beyond traditional areas like EFI, aiming to create broader applications across various sectors.
