India can be among top 5 semiconductor nations: Merck Electronics CEO
New Delhi: India Chip Resources and Components Merck’s Electronic Operation Executive Board Chairman Kai Beckmann, India is on its way to becoming one of the top five semiconductor countries in the world. Directed by this projection, the company increases its presence in India, including a memorandum agreement signed with Tata Electronics on Tuesday.
In an interview with Mint, Mint, on Tuesday, an interview on the edges of the fourth edition of the Semicon Indian Conference, it is not necessary to imitate Taiwan in shaping the semiconductor ecosystem.
“Today, global trade and cooperation are not as free as before. In such a changing world, there is no feature that allows a particular country to remain on a global industry,” he said. “India can continue to create a significant significant semiconductor ecosystem in this note and may still be important for the global supply chain.”
Beckmann added that Merck was a bull in the pushing of India’s actively supplying a semiconductor ecosystem that provides a semiconductor ecosystem.
“There are many other opportunities in the ambition of playing a larger role in India’s global chip supply chain.
“More than financial incentives, more importantly, state support is very important in terms of the framework it offers, including positive work environments, ability pool usability and the ability to establish a supply chain jointly with domestic companies,” he said.
“We don’t necessarily need financial incentives for Merck, but a solid frame for government support is very important for India or any country.”
Merck’s’ Local ‘Strategy for Local’
Tata Electronics is in India’s first special chip production facility in Dholera, Gujarat. In partnership with Merck, semiconductor materials, sub-FAB infrastructure, special chemicals and Focuson capabilities in gas distribution.
In a joint statement, the two companies said that Merck will present Merck’s Patented Material Intelligence solutions supported by high purity electronic materials, advanced gas and chemical distribution systems, turnkey Fab infrastructure and artificial intelligence.
Beckmann said Merck’s’ local ‘strategy for local’ strategy is one of the reasons why the company scares India’s existence. However, he did not disclose any financial investment made by Merck in India.
“In 2018, we started to follow this strategy. Through Covid-19 concrete, we saw some kind of deterioration in the global supply chain faced by the semiconductor industry. To overcome these disruptions, it is important that it is close to a market with local chip production, local supply and close operations”.
Merck specializes in the important parts of the components required by semiconductor manufacturing facilities containing special gases and chemicals. Chemicals also include critical and rare soil minerals that focus between China’s trade restrictions.
In this note, Beckmann said Merck did not expect to see a “meaningful effect öne from a supply chain perspective. “Five years ago, the problems of the supply chain shortage problems, these problems are not there anymore,” he added.
Merck reported 21.2 billion € (almost La2,18 trillion) It is one of the top 15 companies in Germany, which has a market value of $ 55 billion for 2024.
