On Saturday, SEMI Chairman and CEO Ajit Manocha met with India Electronics & Semiconductor Association (IESA) leaders Vivek Tyagi, the Chairman, and K Krishna Moorthy, the CEO and Chairman of IESA in New Delhi and Bangalore, to explore the possibilities of collaboration for the promotion of semiconductors and electronics. industry.

In the middle of the program, the Ministry of Electronics and Information Technology also announced a program for the promotion of semiconductor ecosystem in India with a massive expenditure of ₹76,000 crore.

SEMI and IESA aim to catalyze the industry in India and support investors by ensuring that the benefits of semiconductors and other programs under the National Electronics Policy are provided to them and the objectives are achieved.

The duo agreed to foster collaboration and identify potential opportunities in the future semiconductor and microelectronics sector in the country and work to realize the potential.

Based in California, USA, SEMI is the world’s leading industry association comprised of companies involved in the semiconductor, electronics design and manufacturing supply chain, connecting a broad global engineering community. electronics serving more than 2,500 member companies and 1.3 million professionals worldwide.

Meanwhile, IESA is the premier trade body committed to developing a vibrant Indian Semiconductor and Electronic Systems Design and Manufacturing (ESDM) ecosystem and evangelizing the dream of establishing “Brand India” which is recognized worldwide as a go-to destination for electronics. .

In addition, IESA acts as a trusted knowledge partner for central and state governments, assisting device policies and incentives for the ESDM industry to help attract investment to India.