A new report has been launched named ‘Indo-Dutch Semiconductor Opportunities’ by India Electronics and Semiconductor Association (IESA) and the Netherlands Innovation Network.
The new report is known to define a new era in the semiconductor sector further fortifying the chip-relation between India and Netherlands.
The report is known to have been developed with the core competency of industry leaders, academics, and policymakers from both countries. The semiconductor report has finally been disseminated after a treading ten(10) months of intensive roundtable between the counterparts.
The joint IESA, Netherlands Innovation Network report covers many vital prospects of the semiconductor ecosystem.
‘Indo-Dutch Semiconductor Opportunities’ report is known to be a detailed blueprint into the current landscape and future potential of the Indian Semiconductor market. Wherein exploring avenues for Dutch companies to invest in India and examines opportunities for collaborative R&D efforts between Dutch and Indian entities.
The report also sheds light on potential academic exchange programs fostering knowledge sharing and skill development through student exchanges and explores the enabling policy framework provided by the Indian government to facilitate collaborations.
This first-of-its-kind comprehensive document for both the Indian and Dutch ecosystems serves as a roadmap for collaboration between the two nations in the crucial semiconductor sector.
Compiled through ten months of intensive roundtables with industry leaders, academics, and policymakers from both countries,
Speaking on the launch Ms. Marisa Gerards, Ambassador of the Kingdom of the Netherlands to India, Nepal, and Bhutan said, the ‘Indo-Dutch Semiconductor Opportunities Report is more than just a document; it is a roadmap for future collaboration between our countries. It underscores our commitment to harnessing the power of technology to solve complex challenges and to creating a world where progress and prosperity are accessible to all.
Commenting on the collaborative effort, Sanjay Gupta, Chairperson, IESA said, “We are proud to launch this landmark report on the Indo-Dutch Semiconductor Opportunities, in collaboration with the Netherlands Innovation Network. We hope that this report will inspire and facilitate greater cooperation and exchange between the two countries, and enable them to leverage their respective strengths and capabilities to create a positive impact on the world.”
Ashok Chandak, President, of IESA stated, “This report is a testament to the strong synergies and mutual interests between India and the Netherlands in the semiconductor sector. The report clearly articulates the potential areas of opportunities in the Industry, Academics, Research, Startup ecosystems, Technology Transfers, etc. It will act as a guiding document in fostering deeper and more focused collaborations between the Indian and Dutch semiconductor ecosystems towards growth and Innovation.
The report was unveiled on, the 4th of March 2024, at the Embassy of the Kingdom of the Netherlands in the esteemed presence of special invites including Mr. Sushil Pal, JS Meity; Mr. Akash Tripathi, CEO ISM; Mr. Lars Reger, CTO, NXP semiconductors, Representatives of MEITY and Ministry of external affairs and several dignitaries from Industry and Institutes.
India’s electronics and semiconductor industry has seen remarkable growth, especially in semiconductor design and product consumption. Government policies and incentives are driving investments in semiconductor manufacturing. The Indo-Dutch Semiconductor Opportunities Report highlights Dutch industry strengths and India’s growing opportunities, emphasizing collaboration in design, innovation, research, technology transfer, startup incubation, market solutions, and talent development. India aims to produce 85,000 semiconductor professionals in five years.
Earlier, SIA and IESA launched U.S.-India Initiative on Critical and Emerging Technology (iCET) evaluating India’s existing semiconductor ecosystem and policy frameworks. The joint report also offers recommendations to facilitate the longer-term strategic development of complementary semiconductor ecosystems in the U.S. and India and take strategic cognizance of government efforts to deepen commercial ties in the semiconductor sector.
