National Technology Day is celebrated every year in India on May 11th and it is a day that commemorates the successful detonation of India’s first nuclear bomb, which took place on the same day in 1998. This day is celebrated to recognize the importance of science and technology in India’s development and to encourage the innovation and growth in the future.
In recent times, the
semiconductor industry in India has been growing at a rapid pace and the National Technology Day plays a critical role in this growth. It encourages the development of new technologies that can meet the growing demands of the industry.
The National Technology Day provides an opportunity for Indian companies, researchers and technology enthusiasts to showcase their work, network and exchange ideas. It is an important day for the growing semiconductor ecosystem in India as it helps to promote collaborations, partnerships and investments in the sector.
On this eve, Srinivas Prasad, Senior Director & Site Head at Analog Devices says, “Innovation is the cornerstone of progress, and technology has been a driving force in revolutionizing the world we live in. The rapid growth of the semiconductor industry globally has played a pivotal role in the development of modern technology, and India is now poised to take on a leadership role in this space. The Indian government has initiated programs that encourage the domestic production of electronic goods for both the regional and global markets.
Coupled with the rise of innovative start-ups, a push towards digitalization, and the increasing demand for cutting-edge technologies in areas such as artificial intelligence, 5G/6G, automotive electrification, smart meters, digital factories, to name a few, has created a solid foundation for the growth and expansion of the semiconductor industry in India. With a skilled workforce, favourable policies, and increasing investments in research and development (R&D), India is well positioned to become a hub for semiconductor design, engineering and manufacturing. We believe that, in a rapidly growing digital economy, India has a unique opportunity to leverage its vast pool of engineering talent and become a global hub for semiconductor innovation.”
