Cricket Semiconductor to Establish India’s First Analog Fab

U.S.-based chip manufacturing company Cricket Semiconductor is setting up a $1 billion analog seminconductor  fabrication facility in the central state of Madhya Pradesh in India. The fab will manufacture analog/power chips that are key components of any electronic product.

India is a large consumer of electronic products and services, and the electronics market is growing rapidly. It is expected to rise from a reported $68 billion in 2012 to $400 billion by 2030. The county consumes close to $7 billion worth of semiconductors every year and this is expected to expand to $55 billion by 2020. Currently India imports almost all electronic content. Without an internal semiconductor manufacturing capability, by 2030 India’s outflow of cash will be 8% of its gross domestic product.

Both Lou Hutter the CEO of Cricket Semiconductor and Mark Harward the co-founder used to work at Texas Instruments Inc.

“India has a large and fast growing electronics market. A specialty wafer fab focused on analog/power semiconductors is well suited to catalyze the Indian Electronics System Design and Manufacturing ecosystem. We are confident that we can establish a high-volume, globally competitive specialty wafer fab in India,” said Lou Hutter.

 

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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