Raja Manickam’s argument is that India needs more than semiconductor engineers and design services: it also needs Indian product companies that can create demand for chips and related manufacturing capacity. In an October 6, 2026 interview, the iVP Semi founder and CEO links that opportunity to connected devices, while India’s semiconductor policy backs activity across design, packaging, testing and manufacturing. Those policy investments show the scope of the effort—not proof that any one company has achieved commercial scale.
Who is Raja Manickam?
Analytics Insight’s October 6, 2026 interview identifies Raja Manickam as founder and CEO of iVP Semi. In the episode, he says his semiconductor career began in 1982 and describes returning to India to build an Indian product company. His broader point is that India’s engineering and design talent should be complemented by companies developing semiconductor products, so that domestic capacity has customers and applications to serve. Analytics Insight’s interview is the source for his account and views.
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A SEMICON Southeast Asia speaker biography provides additional career context: it says Manickam began as a test engineer at Texas Instruments, worked at several semiconductor companies and test labs, co-founded Tessolve in 2004, and later led Tata Electronics OSAT. This is event-biography information rather than a detailed independent career history. SEMICON Southeast Asia’s biography
What does iVP Semi say it is building?
iVP’s About page says the company was founded in 2024 by Manickam and describes a focus on power semiconductor innovation, with applications including EV traction inverters, solar solutions and industrial power modules. The page presents a company vision, not independent evidence of product shipments, customer deployments or commercial performance.
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The company page attributes this statement to Manickam: “The best partnerships create value for everyone. We solve local challenges with local expertise, and together with our partners, we help grow India’s semiconductor industry—driving progress for all” iVP Semi’s About page
That stated power-semiconductor focus is related to, but distinct from, the interview’s wider explanation of connectivity chips. The available interview does not establish that iVP has launched a particular connectivity product or is supplying a named customer.
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How do semiconductors support connected devices?
Manickam explains connected products through three core functions: communication, memory and battery management. A communication chip sends and receives data; memory stores it; and power management helps keep a battery-powered device operating. He uses phones, audio devices, cars and wearable or shoe-based sensing as examples of a world with more connected products. This is a useful explanatory model, not a complete architecture for every connected device. Analytics Insight’s interview
- Communication: moves information between a device and other devices or networks.
- Memory: retains data needed by a device or its applications.
- Power management: manages energy use so battery-powered equipment can operate.
As wireless sensors and connected products multiply, coordinating their use of the airwaves becomes more important. Manickam argues that regulation and certification help prevent interference. The accessible interview does not identify a specific protocol, standard or certification body, so it would be inaccurate to attribute one to him.
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Why does Manickam argue for Indian semiconductor product companies?
Manickam’s case is about completing an ecosystem. Engineering services and design centers can provide expertise, while manufacturing and packaging projects create capacity; product companies can connect technical capability to applications and demand. These are complementary roles rather than competing models, and the interview does not establish that one is universally better than another.
He describes iVP’s purpose this way: “IVP is an Indian company creating demand for the semiconductor capacity that’s going to come up.” Analytics Insight interview transcript The statement expresses the company’s ambition. It should not be read as evidence that iVP has already generated a particular volume of demand or that planned national capacity is fully operational.
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How does India’s semiconductor policy fit this argument?
Government policy provides context for Manickam’s emphasis on product development and demand. The Press Information Bureau (PIB) reported in 2026 that the Semicon India Programme, launched in December 2021, has an outlay of ₹76,000 crore. The programme spans manufacturing, display fabrication, chip design, packaging, testing, talent development and research collaboration. PIB, 2026
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Other figures reported by PIB show the breadth of the policy effort. They describe government-reported programme activity, not iVP’s results or proof that India has already achieved globally competitive production.
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| Measure | Reported figure | What it describes |
|---|---|---|
| Semicon India Programme | ₹76,000 crore | Programme outlay; launched in December 2021, as reported by PIB in 2026. |
| India Semiconductor Mission 2.0 | ₹1,000 crore | Initial outlay for FY 2026–27, as reported by PIB in 2026. |
| Design Linked Incentive (DLI) Scheme support | 24 companies receiving fiscal support; 105 applicants receiving EDA tools support | Counts reported as of March 2026 by PIB. |
| DLI chip fabrication | Seven chips fabricated from 16 tape-outs, including advanced 12 nm designs | Scheme results reported as of March 2026 by PIB. |
| Approved semiconductor projects | 12 projects worth around ₹1.64 lakh crore | Approvals reported as of June 2026 by PIB. |
PIB says ISM 2.0 emphasizes equipment, materials, indigenous intellectual property, resilient supply chains, research, training and advanced manufacturing. Its stated priorities indicate that the policy challenge extends beyond building fabrication facilities: it also involves the tools, expertise and supply networks that enable production and product development.
Why connectivity infrastructure matters alongside chips
Connected-device demand depends on networks as well as semiconductors. PIB reported that optical-fibre coverage grew from 19.35 lakh route kilometres in 2019 to 42.36 lakh in 2025, and that 5G services reached 99.9% of districts. These are government-reported infrastructure measures; they do not establish how many devices are connected or how much semiconductor demand results. PIB, 2026
The connection is practical: communication chips help products exchange data, while communications networks provide the wider infrastructure through which much of that data travels. More connectivity can create applications for semiconductors, but demand also depends on product design, adoption, supply, cost and other factors not quantified in the cited figures.
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The interview documents Manickam’s career account and his view that Indian product companies can help create demand for domestic semiconductor capacity. iVP describes its founding and power-semiconductor ambitions on its own website. PIB reports national policy outlays, programme activity and connectivity infrastructure measures.
These sources do not establish iVP’s revenue, shipped volumes, named customers or technical performance, and they do not provide an independent forecast of India’s semiconductor market. The policy figures describe government programmes and approved projects; they should not be treated as proof that all announced capacity is already operating or commercially competitive.
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