Bharat Bytes: Home-grown microprocessors; IT spending to top $100B; SaaS investment rises

[bssunilreddy]

Bharat Bytes: Home-grown microprocessors; IT spending to top $100B; SaaS investment rises​

Source:https://www.computerworld.com/artic...100b-saas-investment-rises-gender-gap-in.html

 

[booo]

 

[DrkLord]

Processor R&D requires ton of money and patience. You have to plan in advance for 10 years. Anticipate demands of the market.

 

[gokul.ece22]

Yes. India is making HUGE investment in semiconductor manufacturing sector and aims to become key semi-conductor manufacturer.

Today it is approved in cabinet

Cabinet clears ₹76,000-cr PLI scheme for semiconductor production

Under this scheme, the country will be able to set up over 20 semiconductor design, components manufacturing and display fabrication (fab) units over the next six years

www.livemint.com

Cabinet to Approve Rs 76,000-Cr Scheme Today to Push Semiconductor Manufacturing in India - News18

Union Cabinet is all set to roll out a mega incentive worth Rs 76,000-crore for semiconductor manufacturing in India, according to sources

www.news18.com

Big push to design, make semiconductor chips in India gets Cabinet nod

Union information and broadcasting minister Anurag Thakur said the scheme envisages the investment of ₹76,000 crore in the semiconductor production over the next five-six years.

www.hindustantimes.com

 

[Emperor]

 

[karanssh]

we are atleast 7-10 years late, but hope that PLI scheme yields some result in the next 10-12 years.

https://www.business-standard.com/a...es-to-make-chips-in-india-121121500062_1.html

This is under PLI scheme too

 

[Emperor]

Indian side has also proposed a number of sites where the production plant could be set up, the persons said. They, however, noted that the process is "complicated".

"It is a very complicated process because a company like TSMC uses components from hundreds of other firms. Setting up a hub in India means convincing those firms to also set up a facility in India to ensure the supply of components," the newspaper quoted one of the source as saying. SOURCE

 

[booo]

Similar thing happened over a decade ago in Hyderabad. They hyped up land prices due to “fabcity” and simply canceled the project.

 

[blr_p]

Exciting news for sure

Indian side has also proposed a number of sites where the production plant could be set up, the persons said. They, however, noted that the process is "complicated".

"It is a very complicated process because a company like TSMC uses components from hundreds of other firms. Setting up a hub in India means convincing those firms to also set up a facility in India to ensure the supply of components," the newspaper quoted one of the source as saying. SOURCE

This is why the govt is offering to foot half the setup costs.