Qualcomm India says it has more engineers in India than anywhere else

Now, what has the Modi administration done over the past ten years in terms of the policy framework, the production incentives, the ease of doing business? Has that? Has that increased or improved the business case of India? And regardless of the administration, is there now real policy momentum and the right policy that will put India on the map even further in terms of becoming a technological leader? Yeah, I think the biggest trait I would, I’ve been here six months in this current role. The biggest thing I see is we have an administration, we have a bureaucracy that is listening to best, best in class ideas, right from the private sector, from MNCS like Qualcomm and others, right. I think that’s the merit we’ve seen what what we have seen is for example the PLI benefits, right. It certainly has brought manufacturing of smartphones, more and more smartphones into India, which is a great. I think that’s a great first step into you know doing a little bit more and these incentives will eventually go into the design link incentive doing more design in India. So we’re very excited about, you know, it starts off well. Are you listening to what is best in class? Let’s try before has worked what has not worked right and it starts with that getting that and so that you were able to leapfrog some of that stuff. So we’ve seen good incentive on IT telecom and telecom equipment that starts manufacturing here. We’re we’re seeing some discussions around the design elements. So we’re hoping that more and more things start getting some elements of of our products that use our technology get designed in II has been recognised increasingly as an emerging China plus one nation an important part of that entire de risking the global technology supply chain. Do you see it that way and where does Qualcomm fit in Yeah I don’t actually I would I see it as India as an opportunity right. I don’t, I don’t see it as a as Qualcomm seizes an opportunity in terms of just like I said before it is a market that has huge potential and I will look at every sector. We look at 2 Wheelers is amazing what E VS are coming in two Wheelers, amazing opportunity there for all the Indian OEMs to actually innovate right. We’ve seen lot of innovations of the features, products and what we able to see on the roads its its pretty phenomenal. They are actually deepfrogging some of the competition around the block you’re really leveraging to the EV boom and automation after that. That’s right. So two Wheelers, great, 4 Wheelers, you can see all the OEMs, Indian OEMs actually innovating around features that are unique to Indian markets, right at the right price points. You look at wireless fiber which is basically connecting the unconnected with 5G, right. Amazing business models are being having. So you look at each sector, you look at enterprise for example, you look at AIPC coming into India, you look at all of these these areas and there is unbelievable opportunity in India to really harness you know the potential of the talent as well as as as a market that it has become, right. Let’s talk about that talent and Jensen Kwang at NVIDIA has spoken very highly of India as being such an incubator and a provider of top tech talents that will help address this shortfall that we are seeing on a on a global basis. Is that largely leaning into the demographic dividend that we hear so much about And how is, how is Qualcomm pursuing and nurturing that top talent? Yeah, I think absolutely that the answer is absolutely yes. You know it starts off with what we find. You know our business model is for example, we have, we’re in the Chennai facility, right. We do a lot of innovation on access point. These are like WI FIS in your enterprise, in your homes and so on and so forth. All that all those things are getting developed right here, both the chips, the software, the system level stuff is done with the folks that sit in this office. What’s what’s really good for us is what happens around us, which is once we set up here, we have folks from Europe, you know, that want access to our tech, want access to our engineering, want to influence our road map coming here and sitting right next to us, right. And they hire folks in India. They know they bring a few people from expat, but then they hire people here. There are people from US, you know, there are offices right next to us. So what happens around us is, is what I think is unique and then they come back and see the talent, the amazing talent that’s existing in India, right. And we are very proud that we’ve been here for 20 years and that is a big thing where we see, we encourage in fact we have a lots of mentorship program around semiconductor mentorship. We have women entrepreneur, entrepreneur, men mentorship program. We have design link, some other incentives as well to do more in the ecosystem. India aspires to be a semiconductor hub in in the future and India also hopes to bring out its first semiconductor chip. I think the IT minister has talked about December 2024 this year as as the aspirational time frame. How does Qualcomm fit in to that narrative. So you know, you know we have as as I mentioned we have more engineers in in, in India now than we had we have in anywhere else in the globe.