SEMICON India co-locate with electronica India and productronica India
Date: 24/11/2023
US-based semiconductor manufacturing equipment related industry body SEMI has signed a partnership agreement with Messe München India, the Indian subsidiary of Messe München GmbH to co-locate semiconductor equipment specific event called SEMICON India with electronica India and productronica India event conducted annually in India.
Bhupinder Singh, CEO, Messe Muenchen India, said, “India’s demand for semiconductors is valued at $24 billion today, and this is likely to emerge as a $110 billion opportunity by 2030. This explains the initiatives by global semiconductor companies to enter the Indian market. As the organisers of South Asia’s largest trade fair for electronics manufacturing – electronica India and 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 for companies across the semiconductor ecosystem to showcase their latest products and technologies, and to network with potential customers and partners. We are confident that SEMICON India will play a key role in advancing the domestic semiconductor ecosystem.”
Ajit Manocha, President and CEO, SEMI, said, “Considering the inherent strengths of the Indian economy, the government’s India Semiconductor Mission is an open invitation to the world to make and source semiconductors in India. From policy support to talent availability and attractive demand, India has all the elements for success in semiconductor design and manufacturing. What the country needs today is a mature and resilient supply chain that can respond to the exponential demand. SEMICON India will be a place for all stakeholders to come together and build win-win partnerships to develop the ecosystem in India. Thus, we are excited to host SEMICON India with our longstanding partners Messe München.”
SEMICON India is expected to give Indian semiconductor and electronics companies access to global semiconductor and electronics manufacturing and design supply chain, thereby integrating the upstream and downstream value chains for semiconductors. Additionally, it also to provide a platform for stakeholder participation in critical initiatives across areas including Workforce Development, Sustainability and Supply Chain Management to advance industry growth.
Dr Reinhard Pfeiffer, CEO, Messe München, said, “Today, global manufacturers are looking to diversify their supply chains, and India offers the world a unique opportunity in this regard. We have had a successful partnership with SEMI in hosting SEMICON Europa in Munich, and the decision to jointly host SEMICON India is a natural extension of this partnership. SEMICON India promises to be a high-energy meeting place of ideas and innovators from the global industry, and I am very excited to see this platform contributing towards the development of the ecosystem in India.”
News source: SEMI
