Quad Summit sparks semiconductor plant discussions and implications for employment

At the recent Quad summit, U.S. President Biden and Indian Prime Minister Modi discussed the potential establishment of a new semiconductor fabrication plant, highlighting the significant growth prospects in India's semiconductor sector.

As the market for semiconductors in India is projected to soar to $64 billion by 2026 - almost three times its size in 2019 - this initiative could have a substantial impact on job creation.

The semiconductor industry encompasses companies involved in the design and manufacture of semiconductors, including transistors and integrated circuits. In just a short period, investments totaling around Rs 1.52 lakh crore (approximately $18 billion) have been directed toward India's semiconductor manufacturing sector, demonstrating a robust commitment to expanding this vital industry.

Semiconductors are crucial to contemporary technology, powering everything from medical instruments and mobile phones to laptops, vehicles, and televisions. As artificial intelligence continues to advance, the demand for semiconductor chips is only expected to grow.

Students interested in this burgeoning field can explore several promising career paths, including integrated circuit (IC) design and semiconductor engineering.

Integrated circuit (IC) designers are professionals who focus on creating and optimizing integrated circuits using tools and programming languages such as VHDL or Verilog. Their work involves designing circuit frameworks, enhancing chip performance, and determining the best chip placements.

Semiconductor engineers are Responsible for the design, development, and testing of semiconductor devices. Semiconductor engineers work on integrated circuits, software, modules, interfaces, and various structures.