Akshata Sharma
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Former NITI Aayog CEO Amitabh Kant, speaking at the India Global Innovation Connect event in Bengaluru, highlighted that the Bengaluru-Mysuru belt offers the "best" ecosystem for semiconductor design and manufacturing in India.
"In India, there is no place with a better ecosystem for semiconductor manufacturing than the Bengaluru-Mysuru belt of Karnataka. For this, you need minerals, water, and a steady supply of electricity, and this region has all of these... As a result, the belt could potentially be the best place to drive both manufacturing and emerge as the design center for the world," Kant said.
He mentioned that Bengaluru and Hyderabad account for 30-35% of India's existing semiconductor design and that the region has the potential to design semiconductors for companies worldwide.
Kant also noted that the government is focused on skilling the youth in emerging areas of technology.
"The big focus of the next five years of this present government will be entirely on skilling and apprenticeship. It will also be on creating new jobs in emerging areas, not merely in the information technology sector," added Kant.
He emphasized the need for more upskilling startups to help train young engineers in areas of emerging technologies and high demand.
"We need more engineers who can build a new wave of Indian startups. For that, we need at least 2 million developers who are well-versed in emerging areas such as Al and data science. Therefore, we need to reorient, restructure, and realign the curriculum of engineering colleges with today's demands to meet the supply gap. And this needs to be done quickly," added Kant.
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