14th November 2005

Indian design activity on fast track, says iSuppli

posted in Business, Survey |

Market research company, iSuppli Corp noted in a recent article posted in Electronic Engineering Times by Peter Clarke that India’s semiconductor design industry will nearly triple by 2010; it’s predicted to be 624M$ in ’05.

Investment in India needs to be for a long term strategic reason. Companies jumping into the bandwagon solely for cost reduction will most likely lose out. Some of the very factors driving the growth of the semiconductor industry here e.g. low cost design talent, strong education infrastructure and rapidly growing local market lead to challenges like high attrition rate. While money is a major factor for employee retention, career growth conducive work environment with interesting & innovative work on latest technology will help.

The other challenge of lack of trained designers is being addressed by the industry along with academia leading to several training start-ups which deliver mid & short term courses for fresh engineering graduates as well as working executives for VLSI careers.

This entry was posted on Monday, November 14th, 2005 at 6:47 pm and is filed under Business, Survey. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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