Cadence Urges India to Build Homegrown EDA Industry for Chip Design

Photo: Business Standard

Cadence Design Systems is urging the Indian government to develop a homegrown electronic design automation (EDA) industry to boost India's semiconductor ambitions. Currently, Indian chip design firms rely on imported EDA tools from global leaders like Cadence, Synopsys, and Siemens. The global EDA market is valued at $16-21 billion annually and expected to reach $43 billion by 2035. Cadence India MD Alok Jain emphasized the need for a balanced ecosystem including design, verification, and manufacturing, noting that starting an EDA industry requires relatively low capital investment.

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