German semiconductor and system solutions provider Infineon Technologies AG aims to focus on energy efficiency, mobility and security in the power infrastructure, transportation and electronic security sectors in India.
It has identified opportunities in power semiconductors in the renewable energy space, said Andrew Chong, regional president and managing director, Infineon Technologies Asia Pacific, in Bangalore, recently. Without semiconductors, economical use of energy would be inconceivable, be it in motors, power supply units, lamps, or computers, he said.
According to iSuppli, a market research and intelligence company, India's semiconductor market is estimated to grow from $ 5.6 billion in 2010 to $ 8.8 billion by 2015.
Semiconductor-based applications are likely to get a boost from the Union Government's energy security policies such as the National Solar Mission and the National Council for Electric Mobility.
National programmes such as Aadhaar's unique identification for Indian citizens, and technology upgrade such as HVDC linkages and electrification of trains, ensure higher energy efficiency to better meet the growing demands of India's rapid economic growth.
As the demand for electricity is directly related to economic growth, minimising electricity wastage is most critical to going green and fulfilling the mandates set in the government policies.
Infineon believes that its range of product portfolios and solutions from its automotive, industrial and multi-market, and chip card and security divisions serve this objective.
Mr. Chong said: “We have seen the rapid adoption of technology in emerging markets such as China and feel that with timely execution of the missions, India is embarking on a similar journey from demand fulfilment to demand creation. One key aspect of demand creation is to address local needs with local solutions, but with world-class technology. This is what we can offer to our partners and customers in India.”
Infineon Technologies India Pvt. Ltd., which was established in Bangalore in 1997, plays a role in developing hardware and software for the parent company's products.
It's managing director Vinay Shenoy said: “We are uniquely poised to leverage the emerging growth opportunities in India through an already well-established software development and qualification centre for worldwide automotive and chip card applications. Building upon this, we are now putting emphasis on applications engineering and customer technical support with the aim of addressing local demand creation.”