Team India prospects for fab gold at Fukuoka City

Industry sources told Deccan Herald that the high-powered team is led by STPI Director General N Krishnan, MindTree’s Sanjay Kumar, Synopsys’ Pradip K Dutta, Patni Computers’ Tetsuya Tsuruta, ISA President Poornima Shenoy, besides Jetro officials from Bangalore.

Labelled as second most competitive ICT sector in the world by The Economist, Japan, which has  witnessed major Indian IT companies set up shop there, is an ideal investment platform for Indian companies to access new Asian markets.
The objective is to not only promote Indian embedded, automotive and design companies in Japan but also explore joint business opportunities. The team, in particular, is visting Fukuoka City of Japan famed for its Fukuoka Prefecture and northern region of Kyushu, a major hub of automobile related industries.  

Kyushu Island is part of the Silicon Sea Belt renowned for its collection of global semiconductor production areas that extends from Korea to Kyushu Island as also Shanghai, Taiwan, Hong Kong and Singapore.

With concentration of semiconductor design companies and institutions with top-notch system LSI researchers, Fukuoka, is the best bet for Indian semiconductor companies to dig into, they said. The value of manufactured goods shipments of integrated circuit industry in Kyushu, Fukuoka City, amounts to ¥957.1 billion. The number of units produced is 8.38 billion, accounts for over 20 per cent of whole production in Japan.

The focus, sources said, is primarily on auto electronics and embedded software. With India emerging as attractive low-cost auto manufucturing hub for global majors, the team’s exploration could not have been more opportune.

ISA, they added, would interact with Kyushu Embedded Software Technology Consortium for establishing base for embedded software development. The Silicon Island Kyushu, they said, produces 5 per cent of world’s semiconductors. The main area of strategic efforts would be for Assembly-Test-Mark-Pack, besides technology transfers, they added.