| |JANUARY 20254The economics and implications of the semiconductor business have undergone sea changes over the past 25 years--from highly specialized R&D to a thriving, quickly expanding worldwide economy. Market researchers consistently show that the global semiconductor market is expected to grow at a CAGR of almost 10 percent until 2030, reaching $1080.83 billion. Demand is soaring, and we need more semiconductor manufacturing hubs. Today, Asia accounts for more than 80 percent of semiconductor manufacturing in the world. The opportunities for countries like India are humongous. It's not a coincidence that Nvidia recently showed massive interest in collaborating with India to develop a new AI chip, enabling them to tap into the country's huge talent in semiconductor design. The CEO of Nvidia, Jensen Huang, has extensively talked with Prime Minister Narendra Modi about a potential partnership during their meeting a few months ago. However, this is not the only avenue Nvidia is exploring. The company has also been partnering with top academic institutions in India. Thapar Institute of Engineering & Technology signed an MoU with Nvidia a few months ago to establish Thapar School of Advanced AI & Data Science. Underlining the country's ambitions, Union Minister Ashwini Vaishnaw recently stated that India will launch its first "Made in India" chip during the World Economic Forum in Davos. On the other hand, Indian Finance Minister Nirmala Sitharaman increased the budget allocation for important technological projects by almost 84 percent to Rs 18,000 crore. The wind is favorable, and opportunities are humongous in this segment. This special issue of CIO Insider is an endeavor to decipher those opportunities. Do let us know your thoughts.Sujith VasudevanManaging Editor India is `Chipping' Its Way to the FutureEditorialVOL 02 · ISSUE 1 2 · FEBRUARY 2025Office Editorial queries editor@cioinsiderindia.comAdvertising Queriessales@cioinsiderindia.comBangaloreTel 080 46441103 To subscribeVisit www.cioinsiderindia.com/subscribe/ or send email to: subscription@cioinsiderindia.comMagazine price is Rs 150 per issuePrabhu Dutta A.R.N RayGM - Sales & MarketingNagendra Kumar KGM - Media & Graphic Designing VisualizerMagendran PerumalCirculation ManagerEditorial TeamKeerthana KantharajRoopalatha HRoshan AktharHarold VinsonCIOInsiderNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Antony Arnold F Madhusmita SahooVisualizersPublisher & EditorManaging EditorAlok ChaturvediSujith VasudevanPrinted and published by Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright© 2025 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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