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$10-15 Bn
Projected growth of the Surface Mount Technology (SMT) Equipment Market by 2030, from the current demand of $ 5.5 Bn
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Large-scale semiconductor manufacturing projects with a combined investment of ~$18 Bn
Why Invest in Electronic Equipment and Sub-assemblies
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Design/R&D
Global equipment MNCs can leverage India for equipment design, process development labs, and spares, maintenance, and repair services.
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Localized Sourcing
India’s mature EMS ecosystem caters to global requirements for sub-assemblies and components.
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Talent
With a yearly pipeline of 10 Mn STEM graduates and initiatives to train up to 140,000 students in semiconductor and related fields, India offers a robust talent pool.
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Incentives
Globally competitive incentives provide support across the equipment value chain, including OEMs, component suppliers, and R&D.
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Renewable Energy
India ranks 4th globally in renewable energy capacity at 191 GW (2024), with plans to expand to 500 GW by 2030.
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Infrastructure
India has allocated $1.4 Tn for infrastructure projects to establish world-class logistical capabilities.
Major Investors
Incentives & Schemes
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Scheme for Promotion of manufacturing of Electronic Components and Semiconductors (SPECS)
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Guidelines for Design Linked Incentive (DLI) Scheme.
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Guidelines for Scheme for setting up of Semiconductor Fabs in India
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Guidelines for Modified Scheme for setting up of Display Fabs in India
- Rockwell plans for a new manufacturing facility in Chennai with an initial investment of $60 Mn in Phase 1, creating 230 jobs
- The facility will manufacture high voltage panels which is a key component of the BoM of semiconductor manufacturing equipment. Subsequent phases are expected to be formally announced later this year