Entry Barriers, Scaling Challenges Stall Indias Semiconductor Push [Video]

Setting foot into the semiconductor and electronics manufacturing space in India is a daunting task for startups. While the thought of putting a plan in action through support and mentorship may seem ideal, the road is paved with challenges that demand both time and significant financial resources. 

According to Ashok Chandak, president of the India Electronics and Semiconductor Association (IESA), the steep barriers to entry make the industry less enticing for many aspiring entrepreneurs.

Barrier of Entry

In an exclusive interaction with AIM, Chandak explained that even if one chooses to do it at a lower scale, several crores are required to build a design and prototype. “There is always a barrier of entry, and that is why you don’t see the semiconductor startups in terms of the quantum of numbers as you would see in any other sector.”

“It’s time-consuming and money-consuming because if you do cutting edge technology, you need 50-100 sub-million dollars to …