Team Blitz India
NEW DELHI: India will roll out the first batch of chips packaged at its Sanand unit in Gujarat early next year and most of these semiconductor chips will be for exports, the company’s Managing Director Anand Ramamoorthy said.
Though the domestic demand for semiconductor chips is growing, the total addressable market for India is still small compared to the global demand for semiconductors, Ramamoorthy told ET. He was speaking on the sidelines of a company event in the city where the company announced partnerships with higher education institutes.
“No factory for India will ever be making only for India. It will be a small part, and the bulk of it will be for exports. A factory supporting India’s customers is a thing of convenience. But the factory becoming truly global in terms of turnaround time, cost structure, and quality speaks a lot more,” he said.
