‘We plan to double the pace of chip commercialization’
Edited excerpts: Srinivas: Ours is an extremely R&D- intensive business. Globally, we spend $2.4 billion towards it, and a majority of it happens in India. So, we will continue to do it, as we need to expand our infrastructure to support R&D activities.
So, a part of this investment will go toward R&D. We don’t have the numbers yet. We will also bring in more partners, because technology is getting more and more complex, and a single firm cannot do things like before.
Our tool, it is made up of a combination of different critical technologies, such as robotics, vacuums, coatings, materials sciences and ceramics. So, a portion of our investment will go towards enabling collaborative R&D, such that if we bring in a supplier related to a certain technology, we will make sure we have the right hardware and infrastructure to do R&D for that particular sub-technology area fast. So, some of our capital investments will go towards that.
Obviously, some part will also go for talent as we will need more talent in the region. We intend to be a part of talent development in the region. Srinivas: We are already working with the government to finalize those support plans.
Srinivas: SPECS and PLI. SPECS is the main policy for us. The government specifically tailored it for activities like R&D, and anything that is needed for electronics and semiconductor manufacturing, such as semiconductor capital equipment, or even for sub-suppliers.
But considering what we plan to do out of this centre, there is scope for being considered under PLI as suppliers will be coming and they may have their own expansion plans around it. Prabhu: Every country is focusing on where chips are made. There’s a lot of growth opportunities, but it comes with lots
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