With technology, geopolitics and supply-chain fragility converging to redefine national competitiveness, semiconductors have moved from a behind-the-scenes enabler to a strategic priority for governments and enterprises alike. This ~$600 bn industry is poised to breach the trillion-dollar mark by 2030, driven by an explosion of data, compute intensity and AI-led workloads.

At a recent India CEO Forum session in Bangalore, Anand Ramamoorthy, Managing Director of Micron Technology Operations India LLP, explored the forces reshaping the industry and India’s ambitions of building domestic capability. The discussion examined structural headwinds, the role of AI and architectural innovation in shaping its future, and the opportunity for India to position itself as a trusted, scalable partner in the world’s most complex value chain.

The attached podcast summarises these discussions, but in brief:

• Semiconductors are today a strategic lever of national power.

• India’s stability, scale and design depth give it a credible starting point in the global semiconductor reset.

• AI is transforming both, chip demand and development, creating new adjacencies.

• Environmental concerns are turning sustainability into a competitive edge.

• The imperatives for India Inc to move from intent to capability including owning IP, deepening talent and building a resilient startup ecosystem.