“Our commitment to ‘Design in India’ is reflected in our increasing investment here in operations and technologies critical to our differentiation and growth. These investments in end-to-end design are key to Synaptics’ ability to address global semiconductor trends and opportunities in the IoT. Looking ahead to Budget 2024, we look forward to greater emphasis on the DLI scheme, providing a vital boost to in-country intellectual property creation. We remain optimistic that the government will introduce ground-breaking and transformative initiatives, elevating technology use cases and fostering growth in semiconductors, fabless design, and the electronics startup ecosystem essential to dynamic markets such as AI, IoT, consumer electronics, automotive, telecoms, and computing.
“India embarking on its electric vehicle (EV) journey, we eagerly anticipate additional budgetary support to develop the requisite technologies for sustainable vehicles.”
Sanjay Saha, India Country Manager, Synaptics
Such endeavors are poised to accelerate innovation, drive research and development, and position India as a global powerhouse in electronics and semiconductors. With India embarking on its electric vehicle (EV) journey, we eagerly anticipate additional budgetary support to develop the requisite technologies for sustainable vehicles. Together, we have the opportunity to shape a future where India leads in technological advancements and innovation on the global stage.”