(L-R): Kurt Sievers, President & CEO, NXP Semiconductors; and Prime Minister of India, Shri Narendra Modi
Just when India has embarked on transforming itself into a Silicon Superpower with rigorous R&D practices and manufacturing capabilities, the Netherlands-based NXP Semiconductors comes out with unflinching commitment for supporting India’s aspiration in this ‘Taiwan-China dominated’ high-tech field. This has amply been manifested in a recently held meeting between India’s Prime Minister, Shri Narendra Modi and NXP Semiconductors’ President & CEO, Kurt Sievers.
Topics, precisely, included in the discussion spanned policy framework, emerging technologies, deepening India’s value creation, and India’s manufacturing capabilities and ambitions. Sievers briefed the Hon’ble PM Modi on NXP’s growth story in India, which includes centres of excellence innovating semiconductor solutions for the auto, industrial, IoT, and edge markets. Sievers also pledged NXP’s support to help develop India’s diverse domestic STEM (Science, technology, engineering, and mathematics) workforce and support the country’s flourishing startup ecosystem.
“It was a privilege meeting Prime Minister Modi to discuss India’s rapidly growing semiconductor development and manufacturing ecosystem. We both agreed that India’s electronics manufacturing and design industry has the potential to become a much larger player in the global electronics value chain”, said Sievers. “We’re well aware of India’s ambition to be a major player in the global electronics supply chain, with a plan of growing the domestic electronics manufacturing to $300 Billion by 2026. Prime Minister Modi and the Indian Government’s commitment to being one of the world’s largest electronics manufacturing hubs underscores India’s recognition of the strategic importance and growth potential of the electronics industry,” added he.
“NXP has enjoyed a 50-plus year history of operations in India, and our centres of excellence here are designing semiconductor solutions in-demand across the global auto, industrial, IoT, and secure edge markets. Our talented Indian team has generated hundreds of patents and is a powerhouse of NXP’s global network of innovation teams. We’re committed to further driving India’s value creation for the global electronics industry,” elaborated Sievers.
NXP has been a world leader in automotive, security, connectivity solutions with its state-of-the-art technologies like radar, ultra-wide band (UWB), 5G, NFC, and DRM, is playing an important role in strengthening the local manufacturing ecosystem. Multiple key applications in India like 5G/6G, secure authentication of goods, e-metering for electricity boards, e-passports, transport ticketing cards, and more, are actively using NXP technologies.
Qaisar
