Companies are looking to hire niche talent over volume hiring in FY26. And there is a rising demand for digital design, verification, and GenAI-linked roles
The Singapore-based startup aims to use the funding to expand into Malaysia, Taiwan, and the US, deepen AI equipment partnerships, and invest in research for connected AI-driven decision-making across semiconductor production lines.
India's semiconductor market is expected to grow from USD 52 billion in 2024 to USD 103.4 billion by 2030, according to a report by the India Electronics and Semiconductor Association (IESA).
As the world moves further into a future defined by deep-tech technologies like artificial intelligence (AI), the Internet of Things (IoT), 5G, and automation, it's evident that semiconductors are no longer just another component—they are the backbone of innovation.
U.S. President Donald Trump on Sunday said he plans to announce new tariffs on semiconductors within the coming week, generating a wave a panic among global market.
A major highlight of the roadshow was the unveiling of over 100 intellectual properties (IPs) and 50 groundbreaking technologies, alongside 35 promising startups.
The collaboration is set to not only bolster India's electronics ecosystem but also strengthen global supply chain resilience, positioning India as a critical player in next-generation semiconductor technologies.
Currently only two in five semiconductor firms are confident in their supply chain's robustness. To mitigate risks, companies are shifting towards domestic and regional sourcing
India's push into semiconductor manufacturing began with the approval of the Semicon India programme in December 2021 and backed by an allocation of INR 76,000 crore
According to the founders, the funds will be used for the commercial launch of its Secure IoT microcontroller SoC, team expansion, and enhancing its engineering capabilities further
Suchi Semicon inaugurated its OSAT facility in Surat. The company is aggressively expanding its semiconductor business and in a couple of months will open its design division, Ashok Mehta told Entrepreneur India
The Q3 2024 marked a recovery period for semiconductor companies, after navigating a tough environment with weak consumer demand in H1 2023, says a report by Counterpoint Market Research
The announcement came during Karnataka's Industries Minister MB Patil's roadshow in the Netherlands, aimed at attracting investments ahead of the Invest Karnataka 2025 event.
Approximately 3,00,000 jobs are expected in chip semiconductor fabrication, with an additional 2,00,000 roles in assembly, testing, marking, and packaging (ATMP)
Avula, who has previously held leadership roles with Applied in California and Singapore, brings extensive expertise in advanced semiconductor technologies.
India's semiconductor and electronics startup ecosystem is also witnessing rapid growth due to favorable government policies like the Production Linked Incentive (PLI) scheme and a growing demand for electronics and chip design.
The company is actively building teams to manage the design of 15 different semiconductor products simultaneously and is already halfway through this process.