India's chip designers are still on the up

INDIA'S INTEGRATED circuit design services industry will continue to grow at over 20 per cent per year at least until 2010, researchers reckon.

Some sniffing about by star-gazers at In-Stat suggests that cost advantages and the availability of skilled workers have caused integrated device manufacturers to either outsource part of their design activities to third-party design firms in India, or set up their own centres in the country.

"Indian design companies will continue to move up the value chain by increasingly accomplishing the entire design instead of doing piecemeal design work," said In-Stat analyst Mayank Jain.

In-Stat predicts that integrated circuit design services revenue in India is likely to grow from $869m in 2005 to $2.45bn by 2010, while the number of Indian design engineers will increase from 12,352 in 2005 to 40,893 by 2010. µ

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