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During the IESA Vision Summit, industry executives discussed the gap in core chip manufacturing and equipment capabilities in India. Radhika Viswanathan from Applied Materials emphasized the country’s proficiency in chip design but highlighted the absence of essential semiconductor manufacturing infrastructure. Rangesh Raghavan of Lam Research pointed out a significant $50 billion supply chain opportunity and the increasing research and development investments in the semiconductor sector. Raghavan also mentioned that the semiconductor industry is approaching the trillion-dollar milestone, with major equipment manufacturers collectively surpassing a trillion dollars in market capitalization.
Source: Tech-Economic Times