India offering opportunities for Dutch firms to invest in semiconductors
Its electronics and semiconductor industry has seen remarkable growth, especially in semiconductor design and product consumption
New Delhi: As India embarks on its semiconductor journey, it is offering immense opportunities for Dutch companies to invest and examine chances for collaborative R&D efforts between the two nations, a new report said on Tuesday.
India's electronics and semiconductor industry has seen remarkable growth, especially in semiconductor design and product consumption, and the government policies and incentives are driving investments in semiconductor manufacturing.
The India Electronics and Semiconductor Association (IESA) and the Netherlands Innovation Network, Embassy of the Netherlands in India, launched a new report titled ‘Indo-Dutch Semiconductor Opportunities’.
The comprehensive document for both the Indian and Dutch ecosystems serves as a roadmap for collaboration between the two nations in the crucial semiconductor sector.
“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,” said Marisa Gerards, Ambassador of the Kingdom of the Netherlands to India, Nepal and Bhutan.
