LONDON – The market place for Indian semiconductor design is likely to reach about $8.8 billion in 2011 and $10.2 billion in 2012 according to reports that reference the Indian Semiconductor Association (ISA).
The ISA provides links to reports by The Hindu and another unnamed publication on its website.
The market – which covers IC design, embedded software development and circuit board and electronic systems design – was worth $7.5 billion in 2010 and employed 160,000 people the Hindu said referencing an ISA report released on Monday (April 4). Elsewhere the growth was characterized as running at 17.3 percent year-on-year.
"We need to better train our manpower to increase the quality of work churned out. Also, having a manufacturing ecosystem would provide a fillip to the semiconductor design industry," the report quited ISA president Poornima Shenoy, as saying.
You are right docdivakar,sorting out what % of large corporation biz is in India is close to impossible as almost every large chip design company has some operation in India...I was counting stand alone IC design operations and those seem to be under $1B...Kris
@Kris, I think accurate quantitative figures are a bit tricky; there are many multinationals that do business (TI started in the mid 80's when outsourcing wasn't even in American lingo!) so I don't know what is "Indian" in these numbers. If we accept for a moment all work done on the Indian soil that pertains to IC design, my hunch is that it does cross $1B.
NASSCOM tracks the IT & BPO business more accurately and provides the analytics but not the IC business. ISA is probably the only authoritative source for now. I would hope EE Times ASia pays more attention to this from now on and publishes articles on trends & forecasts from time to time.
Dr. MP Divakar
Indian chip design market booming, no doubt about it. Not only service industry is booming India there are lot of start ups like http://www.saankhyalabs.com/ which are working on innovative products which will change the way designs are implemented.
"The market – which covers IC design, embedded software development and circuit board and electronic systems design – was worth $7.5 billion in 2010"
"embedded software development" alone probably is the major chunk.