India Needs a Broad Range of Suppliers to Succeed in Chips

India will have to attract a wider range of semiconductor suppliers to succeed in building a robust chip industry in the country, according to the leader of an influential trade association.

“They need to really increase the emphasis on the ecosystem because, without an ecosystem, growth will be limited,” Ajit Manocha, president and chief executive officer of the trade group SEMI, said in an interview on Thursday. “They need to encourage smaller and medium-sized companies to come and set up the shop in India.”