The growth of Indian Semiconductor Industry is not accelerating rapidly due to various reasons namely infrastructure and skilled workforce. Mainly in India, the establishment of Fab is a major task as it requires a significant space, uninterrupted power and substantial water supply. To meet the needs of global competition, India need to focus on skilled workforce, capital investment, government incentives and policy response.
The semiconductor industry in Japan is one of the leading industries in the world owing to its aging population and well-expertise whereas the Indian semiconductor industry is still lagging in it. So, to well-establish and develop the semiconductor industry in India with young growing population, India need to collaborate with Japan and acquire knowledge in the technologies followed by them. With the expertise of Japan in semiconductors, India need to upskill the research work and to compete rapidly with other countries in the next coming days.
The major mission to be fullfilled by India when collaborated with Japan are:
1. Skilled Workforce:
As India is starting its initial steps in Semiconductor Industry and to grow in it, India need to have a skilled engineers who are expersite in various fields. To make this happen, India can take help with Japan to acquire knowledge and working of the equipments.
2. Japan providing IP technology transfer:
Japan has many skilled workforce in IP technology, so the engineers from India should focus on manufacturing chips and able to produce their own chips in the coming years.
3. Japan to support India in technical expertise:
Japan have a skilled expertise in IP technology and when collaborated India need to have support from Japan in the establishment of Fab and manufacturing of chips.
4. India to help Japan for their growth in Semiconductor Industry:
India should collaborate with Japan to nourish nourish the research and development sector to the future generation to increase the production and their growth in semiconductor industry.
