"FOCUS ON LOCAL PATENTS, SEMICONDUCTOR SUBSIDIES URGED BY ICEA."

Why in the news?

“ICEA urges India to prioritise domestic semiconductor patents and subsidies amid global semiconductor industry challenges and opportunities.”

About Encouraging Domestic Semiconductor Design:

India Cellular & Electronics Association (ICEA) advocates for boosting semiconductor design initiatives.

Calls for improved local fundraising avenues and incentives for utilising domestically registered intellectual property (IP).
Urges India to capitalise on hesitant investors in China’s semiconductor industry amid geopolitical tensions.

source:slideserve

What is the India Cellular and Electronics Association ICEA?

India Cellular and Electronics Association (ICEA) is the apex industry body for mobile and electronics sector stakeholders.
Comprises manufacturers, brand owners, technology providers, distributors, and retail chains.
Aims to boost Indian manufacturing and design beyond mobile handsets.
Focuses on industry competitiveness, growth, and collaboration with government ministries.

About Intellectual property rights (IPR):

Intellectual property rights (IPR) protect inventors’ or creators’ work for a set duration.
They grant sole rights to exploit inventions or creations.
IPR safeguard against unauthorised use or reproduction.

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