India's Best Companies Shaping the Future of Semi-Conductor Industry- 2023

www.ciolookindia.com Vol-07 | Issue-02 + India's Best Companies Shaping the Future of Semiconductor Industry 2023 Indian Currents Indian ICs Transforming the Global Industrial Ar?ficial Brainpower AIMLearn-Smart An Evolu?onary Saga of Smart Chips Wisening the Human Race of AI&ML Nirmalya Ghosh CEO DXCorr Hardware Technologies Pvt. Ltd. DXCorr Hardware Technologies Hardware Technologies

- Antonio Perez

Editor’s Note Kedar Borgaonkar Managing Editor kedar.borgaonkar@ciolookindia.com I A force driving innovation and progress. In this dynamic landscape, India's prowess in the semiconductor domain has become increasingly evident, with several home-grown companies making remarkable strides towards shaping the future of this crucial sector. s the global demand for advanced technologies and cutting-edge electronics continues to surge, the semiconductor industry has emerged as a pivotal This CIOLook India’s brand new edition delves into the accomplishments and endeavours of India's Best Companies Shaping the Future of Semiconductor Industry 2023. We will explore their innovations, strategic partnerships, and key projects that are driving growth and transforming India into a formidable player in the global semiconductor arena. initiatives, policy support, and investments, fostering an environment conducive to innovation and fostering collaboration between academia, industry, and research organizations. Powering Electrons of Tomorrow’s Intelligent Currents Also added in the edition are two trendily crafted articles by our editorial team. They will give you an insider’s view of disruptions happening in the industry. Embark on a journey through the dynamic and ever-evolving landscape of India's semiconductor industry, where ambitious companies are leaving a significant impact, shaping the future, and making India a force to be reckoned with in the global semiconductor arena. From developing next-generation chipsets for consumer electronics and telecommunications to spearheading groundbreaking advancements in AI, IoT, and automotive electronics, these Indian companies are redefining the technological landscape, propelling the nation towards a knowledge-driven economy. The year 2023 marks a defining moment for India's semiconductor industry, as it witnesses a surge of companies leading the charge in research, development, and manufacturing of semiconductors. These indigenous enterprises have not only demonstrated their technical acumen but have also gained international recognition for their contributions to various technological advancements. Moreover, this piece will highlight the government's role in nurturing the semiconductor sector through various

Profiles Profiles ARYAN Semicomductors Empowering EXTC OEMs with Future-IC-Techs Cover Story 08 22 18 Dhwaj International A Dynamic Leader Providing Excellent Electronic Services 28 RIR Power Electronics Empowering Futuris?c Revolu?on of Smart Devices Articles Articles Indian Currents Indian ICs Transforming the Global Industrial Arti?cial Brainpower DXCorr AIMLearn-Smart An Evolutionary Saga of Smart Chips Wisening the Human Race of AI&ML Hardware Technologies Hardware Technologies 14 26

I N D I A India's Best Companies Shaping the Future of Semiconductor Industry 2023 Pooja M. Bansal Editor-in-Chief FOLLOW US ON www.twitter.com/ciolookindia www.facebook.com/ciolookindia/ CONTENT Managing Editor : Kedar Borgaonkar Assisting Editor : Gaurav PR Wankhade WE ARE ALSO AVAILABLE ON DESIGN Visualizer: Sandeep Tikode Art & Design Director: Rashmi Singh Associate Designer : Sameen Arif CONTACT US ON Company Featuring Description Email sales@ciolookindia.com For Subscription www.ciolookindia.com Contact : 7410079888 / 8956487819 ARYAN is a reputable and prominent wholesaler, distributor, and trader of electronic components dealing with major global brands catering to the electronic industry in India. Mitesh Janikar, Founder ARYAN Semiconductors SALES Asst. Vice President: Swapnali Vasaikar Sr. Sales Manager : Tejaswini Whaval Business Development Lead : Suraj Gadekar Business Development Exec : Akshay Dokh Dhwaj is reckoned as leading importer, wholesaler, exporter of high-quality Electronic Components, known for their low self- discharge, sealed construction, environment friendliness, low maintenance, and competitive prices. Dhwaj Jain, Founder Dhwaj International Copyright © 2023 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India. DXCorr develops driving edge physical IP arrangements in cutting edge process hubs for an extensive variety of SoC designs incorporating complex memory IP-SRAMs, CAMs, Multiports, memory subsystems, and standard cells. Nirmalya Ghosh, CEO DXCorr Hardware Technologies Pvt. Ltd. TECHNICAL Haresh Abichandani, Founder and Managing Director Established in 1995, Millennium Semiconductors India Pvt. Ltd. provides a wide range of electronic components, catering to different industries globally. Millennium Semiconductors India Private Limited Technical Head : Rajeshwari Avhad Technical Consultant : Prachi Mokashi RIR is a global semiconductor company with more than five decades of association with International Rectifier, USA, for the manufacturing of power semiconductors. RIR Power Electronics Limited Dr Harshad Mehta, Founder and CEO SME-SMO sales@ciolookindia.com Research Analyst : Ravindra Kadam SEO Lead : Renuka A Kulkarni JULY, 2023 Cover Price : 250/-

India's Best Companies Shaping the Future of Semiconductor Industry 2023 DXCorr Hardware Technologies Hardware Technologies C o v e At a time when physical design is primarily based on standard foundry IPs, we design deep submicron integrated circuits and full custom VLSI analog and digital circuits. r S t o Nirmalya Ghosh CEO DXCorr Hardware Technologies Pvt. Ltd. r y

I empowering these advancements is DXCorrHardware Technologies, a company that understands the ever- increasing demands placed on hardware to meet the evolving needs of businesses across various sectors. With its deep expertise and commitment to excellence, DXCorr is at the forefront of developing advanced hardware technologies that propel their clients towards enhanced productivity and competitiveness. n the fast-paced and interconnected world, technology plays a pivotal role in shaping industries and driving success towards new horizons. At the helm of aims to develop a model product portfolio that will serve as an industry benchmark for years to come. performance, density, and power efficiency for leaders in every industry—including foundational IPs and standard cells that the majority of physical design firms use.” DXCorr was established in 2006 in Sunnyvale, USA, to bring together the best facets of hardware design and software development, thus expediting chip design and silicon delivery. DXCorr develops driving-edge physical IP arrangements in cutting-edge process technologies for various SoC designs incorporating complex memory IP-SRAMs, CAMs, Multiports, memory subsystems, and standard cells. Stimulating Inspiration DXCorr works on the latest low-power processes nodes such as 7nm and 14nm finFET, 22nm and 12 nm FDSOI, and 28nm and 40nm process design kits. DXCorr elegantly resolves the conflict in concurrent read and concurrent write operations in two-port SRAMs. Power-efficient, high-speed binary and ternary CAMs make its clients stand out in a market that craves faster networks and more efficient processors. Their extensive understanding of custom design allows DXCorr to significantly improve the performance of various custom logic and arithmetic functional blocks in multiple process nodes. Their inspiration comes from the need for change or the need to refresh the technology of the future. The technological advancements in mobiles, tablets, smartwatches and other similar devices in the first decade of the 21st century gave prominence to ASIC designs. A prerequisite to this increasing complexity is critically optimizing each processor core in an SoC (System-On- Chip) to meet the power, performance, area (PPA), yield, and application-specific cost goal. DXCorr’s arsenal encompasses a wide array of products, catering to diverse industries such as data centers, telecommunications, cloud computing, artificial intelligence, and more. From high-performance processors and memory modules to state-of-the-art networking equipment and storage solutions, DXCorr offers a complete ecosystem of hardware components designed to optimize performance and accelerate growth. Efficiently Swift It is necessitated by the typical requirement from a client in the VLSI universe - the need to provide the best possible PPAL (Power, Performance, Area and Leakage - global metrics of Semiconductor Design) in the shortest time frame. This is the sweet spot all design houses try to achieve during project execution, and DXCorr overcomes this constant challenge for every project with utmost efficiency. Thanks to its battle-tested core of domain experts and its enviable suite of in-house tools, successful projects are delivered on time and with top-notch quality. What sets DXCorr apart is its unwavering dedication to innovation, demonstrated by its continuing investment in research and development, collaboration with industry experts and leveraging of the latest advancements in technology to push the boundaries of what's possible. Nirmalya Ghosh, the CEO of DXCorr, shares, “Our relentless pursuit of innovation enables us to deliver products that are not only cutting-edge but also highly reliable, secure, and energy-efficient, providing our customers with a competitive edge in their respective markets.” Nirmalya states that the semiconductor industry has been rapidly changing and expanding globally. The enormous demand for cutting-edge smart devices and related technological breakthroughs has been a major factor in this expansion. Semiconductors are currently used extensively throughout a wide range of industries, including Aerospace, Automotive, Clean Energy, Consumer Electronics, Transportation, and Defense. layout, RTL, and P&R experts. All its teams exhibit versatility regarding technical and project management capabilities. DXCorr provides continuous training and development opportunities to its employees to hone their skills and attain maximum efficiency. The employees turn challenges into prospects every day through their passion, tenacity, and inventiveness. “To further push the edge of performance, we have developed a spectacular suite of in-house software that automates even the most unconventional logic verification without having to spend millions on testing it on actual silicon,” says Nirmalya. The Principle of Self-reliance Cutting-edge VLSI design is the company’s primary focus. While other businesses have only recently begun to tape out on the 5nm node, DXCorr had already started conducting fundamental research into SRAM compilers at the 2nm node years in advance, ensuring that the business has experience with novel technologies well before the time its clients began to consider them. Only a few engineering firms in the world, including DXCorr, could in 2023 claim to have years of experience on 5nm, which makes DXCorr unique in the sector. The others are IMEC, TSMC and ARM. Let’s embark on a journey of technological advancement and transformation and experience the power—of DXCorr Hardware Technologies—revolutionizing industries, empowering businesses, and unlocking new possibilities in the digital age. The need for self-reliance led to the establishment of DXCorr and continues to guide the firm to date. DXCorr Challenging the Conventional Powerful Philosophies Thanks to its battle-tested core of domain experts and its enviable suite of in-house tools, DXCorr is keeping the flame of creativity and innovation alive. Sagar Reddy, CTO at DXCorr says, “There are no 'holy cows' in DXCorr's philosophy. Every idea can and must be challenged. It is made possible due to a significant lack of hierarchy.” Today, chips are LEGO creations instead of the feats of innovation they once were. And when IPs are designed to work for any chip, they’re not optimized for the exact requirements of your specific chip. Distinctive Pioneers “We are the only firm in the world capable of implementing certain highly experimental techniques that will truly make the difference between a standard chip and one that defines the best-in-class for a given industry,” adds Nirmalya. DXCorr has a diverse collection of different domains with dedicated analog, mixed-signal, memory, digital circuit, Drawing from his extensive experience, Nirmalya shares his opinion on how adopting modern technologies like AI and ML impacts today’s semiconductor sector and how his organization is adapting to the change. He explains that DXCorr is constantly attempting to infuse its in-house tool DXCorr is keeping the flame of creativity and innovation alive. Nirmalya states, “At a time when physical design is primarily based on standard foundry IPs, we design deep submicron integrated circuits and full custom VLSI analog and digital circuits at the extreme edge of

development with the most practical aspects of Artificial Intelligence (AI) and Machine Learning (ML). These are two upcoming domains where the handshaking of hardware-software interplay has the potential to dramatically alter humanity’s course for the betterment. DXCorr works with a bevy of clients in the industry, from many startups to top-notch clients such as Intel, Facebook, Global Foundries, Qualcomm, Boston Scientific, and Cisco. “It's a privilege for us to successfully deliver and meet the cutting-edge specifications of each client. Our team focuses on every critical challenge and harnesses solutions for each roadblock that is encountered,” he says, adding that they were recognized and awarded by Siliconindia, Business Chiefs, GlobalBusiness Leader Mag and many more. “Over a decade of cutting edge design resulting in almost 60+ full chip tape-outs, 100+ full custom physical IPs, 100000+ best in class chips containing our IPs sold,” he concludes. Extensive understanding of custom design allows us to remarkably boost the performance of various custom logic and arithmetic functional blocks in multiple process nodes. The principle of self-reliance led to the establishment of DXCorr, and it continues to guide the firm to date. The company has successfully built its analog portfolio, which includes high-bandwidth and high-speed SerDes in multiple nodes, analog subsystems such as GPIOs, DAC and ADC, along with associated circuitry for next- generation MRAM designs. The company’s main goal is to transfer all repetitive parts of chip development to computers, freeing up human brain space for future problems. With innovation and out-of-the-box thinking being the focus, DXCorr is poised to bring revolutionary changes to the industry. Telecommunication to Defence. Therefore, it’s advisable to start a career in the semiconductor sector rather than choosing a conventional IT/Software role. Breaking the Barriers Today’s Intelligence; Tomorrow’s Ingenuity On envisioning scaling of his company’s services and offerings, Nirmalya divulges that DXCorr also has other plans. To expedite SoC design delivery, the DXCorr Team continues to develop next-generation analog IPs and interfaces to optimize intra-chip and inter-chip communication. The foremost challenge DXCorr faces is that as technology nodes shrink to less than 2nm, the need for lower supply and lower power design becomes paramount. Low-power design demands fresher approaches and architectural changes depending on the specifications of their clients. Estimation of each factor, mainly power, depends on the number of elements in the design, the toggle frequency of each component, specific cells used, manufacturing variance, operating temperature, etc. “Power(P), Performance (P), Area(A), Leakage(L) is the first and foremost estimation that we budget during the very first phase of the project. As we get the estimations, multiple architectural topologies are analyzed to ensure comparisons between them,” he says. In fact, several low- power design techniques are used, such as multiple VDD, frequency and voltage scaling, clock gating, power gating, etc. This method of exploration helps to analyze and characterize each Process Design Kit (PDK) depending on product specification requirements. Adept Advice Going forward, DXCorr aims to develop a model product portfolio that will serve as an industry benchmark for years to come. In his advice to budding professionals aspiring to venture into the semiconductor sector, Nirmalya says the facts and surveys show that there is a global scarcity in the semiconductor industry, which ultimately results in the industry's long-term future security and its commitment to expand and be driven by the communications, data processing, and automotive sectors. The semiconductor business is in high demand due to the urgent need for Integrated Circuits (ICs) in all domains, ranging from

Indian Currents Indian ICs Transforming the Global Industrial Artificial Artificial Brainpower Brainpower A manufacturing chips for consumer electronics and basic applications. However, with the advent of the digital age and the proliferation of AI technologies, India began to invest significantly in research and development, leading to rapid growth in the ICs industry. rtificial Intelligence (AI) has emerged as a transformative technology, revolutionizing industries worldwide by enhancing automation, efficiency, and decision-making capabilities. At the heart of AI lies the power of Integrated Circuits (ICs), the building blocks that process and analyze vast amounts of data, enabling machines to mimic human intelligence. The Indian government's support and various policy initiatives were vital in encouraging indigenous ICs manufacturing. Additionally, collaborations with global tech giants and the presence of a vast pool of skilled engineers and researchers further bolstered the industry's growth. Artificial Intelligence (AI) has been undergoing a remarkable transformation in recent years, and one of the key driving forces behind this revolution is India's burgeon- ing Integrated Circuits (ICs) industry. Indian ICs play a pivotal role in shaping the landscape of industrial artificial brainpower, and their impact is being felt worldwide. Over the past decade, India's semiconductor industry has witnessed significant growth, driven by a skilled talent pool, research and development capabilities, government support, and a favourable business environment. Several Indian companies have emerged as key players in the semiconductor value chain, from designing and manufacturing ICs to providing cutting-edge solutions for AI and machine learning. The year 2023 marks a pivotal moment in India's journey towards becoming a global semiconductor research and development hub. The country's IC manufacturers have been on an exponential growth trajectory, and their contributions to AI and AI-driven applications are pro- foundly impacting industries ranging from manufacturing and healthcare to logistics and finance. Today, India stands tall as a leading player in the semiconductor market, and its ICs are transforming the global landscape of industrial AI. The Rise of India's Semiconductor Industry India's journey into the semiconductor and ICs industry can be traced back to the early 1980s. Initially, the focus was 14 | July, 2023 www.ciolookindia.com 15 | July, 2023 www.ciolookindia.com

Role in the Industrial AI Revolution semiconductor companies provide specialized ICs that accelerate AI algorithms, leading to faster and more accurate diagnoses. SUBSCRIBE TODAY AI Accelerators and Processors: Indian ICs have been instrumental in developing AI accelerators and specialized processors tailored to AI workloads. These chips efficiently handle complex mathematical calculations required for AI algorithms, enabling faster and more energy-efficient AI processing. c.Transportation and Logistics: With the rise of autonomous vehicles and smart logistics systems, Indian ICs are instrumental in processing sensor data, enabling safe and efficient transportation solutions. Edge Computing and IoT: Indian ICs have significantly contributed to developing edge computing devices and Internet of Things (IoT) applications. These devices bring AI capabilities closer to the data source, reducing latency and enabling real-time decision-making in industrial settings. d.Financial Services: Indian ICs empower AI-driven fraud detection, risk analysis, and personalized financial services, enhancing security and customer experiences in the financial sector. Challenges and Opportunities Neural Processing Units (NPUs): Indian ICs have made strides in designing and developing NPUs, specialized processors optimized for neural network-based AI algorithms. NPUs have found applications in image recognition, natural language processing, and autonomous systems. While Indian ICs have made significant strides in the global AI landscape, several challenges and opportunities lie ahead: Competition from Global Players: Indian ICs manufacturers face stiff competition from established global giants in the semiconductor industry. To remain competitive, continuous innovation and investment in cutting-edge technology are crucial. AI in Healthcare: Indian ICs have paved the way for the integration of AI in healthcare, enabling advanced medical imaging, personalized treatment plans, and AI-driven diagnostics. This has revolutionized patient care and brought transformative changes to the healthcare industry. Skill Development: Developing and retaining a skilled workforce is essential for growth. Investing in educational programs, research facilities, and collaborative initiatives between academia and industry can help nurture talent. AI in Manufacturing and Automation: Indian ICs have played a crucial role in developing smart manufacturing solutions, enabling predictive maintenance, intelligent supply chain management, and robotics automation. These advancements have led to increased productivity and reduced operational costs for industries. Intellectual Property (IP) Rights: Ensuring robust IP protection is vital for Indian ICs companies to encourage innovation and safeguard technological advancements. Empowering Industrial AI with Indian ICs Ethical AI Implementation: As AI technologies progress, it is essential to address ethical concerns related to privacy, bias, and accountability. Indian IC companies have an opportunity to lead the way in developing ethical AI practices. Indian ICs are crucial in empowering industrial AI applications across various sectors. These semiconductor solutions offer higher processing capabilities, energy efficiency, and cost-effectiveness, making them ideal for AI-driven systems that require real-time data processing and analysis. Stay in the known. Subscribe to CIOLOOKINDIA Get CIOLOOKINDIA Magazine in print and digital on www.ciolookindia.com The rise of Indian ICs has driven the global industrial artificial brainpower revolution. Through their contributions to AI accelerators, edge computing, NPUs, and various industrial applications, Indian ICs are transforming industries and driving innovation. Despite facing challenges, the industry's growth potential and global impact remain immense. a.Manufacturing Sector: Indian ICs power AI-driven smart factories with advanced automation, predictive maintenance, and quality control. These ICs enable machines to self-optimize, enhancing productivity and reducing downtime. b.Healthcare Sector: AI-powered medical imaging and diagnostics rely heavily on efficient ICs. Indian 16 | July, 2023 www.ciolookindia.com

India's Best Companies Shaping the Future of Semiconductor Industry 2023 platforms to streamline its operations and improve efficiency. Despite facing intense competition from other semiconductor companies, ARYAN Semiconductors’ reputation for reliability and quality has helped it to maintain a strong position in the industry. Tell us about the immersive benefits offered by your business enterprise to the modern semiconductor industry. ARYAN Semiconductors Our business enterprise offers a range of immersive benefits to the modern semiconductor industry. For example, we constantly invest in technology and digital platforms to streamline operations and improve efficiency. It allows us to offer customers faster delivery times, more accurate inventory management, and more responsive customer service. Additionally, we are committed to staying at the forefront of industry trends and technologies, and we work closely with customers to help them leverage the latest innovations in semiconductors to drive their businesses forward. Tell us more about your services and what makes them stand out in the cutthroat competition. Empowering EXTC OEMs with Future-IC-Techs Our services at ARYAN Semiconductors are centred around providing customers with high-quality semiconductor products at competitive prices. We specialize in sourcing and distributing various semiconductors, including microprocessors, memory chips, and power management ICs, to customers worldwide. Our extensive network of suppliers and customers, our focus on customer service, and our commitment to quality sets us apart from our competitors. We work closely with customers to understand their needs and provide customized solutions, and we have strict quality control measures in place to ensure that all products meet industry standards. Mitesh Janikar | Founder N efficiency in their operational controls, design and manufacturing processes using semiconductor techs and ICs, OEM electronics products depend on the availability of semiconductors of exceptional quality and capacity in the required quantity. It is vital, as has been rediscovered during the 2021-22’s semiconductor crunch. ext-Gen electronic gadgets and devices form a major part of our present and future. To offer high- quality functionality, power, performance, and gies' impact, advice to budding professionals and their vision for the future. Please brief us about your journey in the business world and how you have made your venture excel in its niche. Please brief our audience about ARYAN Semiconduc- tors, its USPs, and how you are currently positioned as one of the leading companies in the Semiconductor industry. Our journey in the business world has been marked by a commitment to excellence and a focus on building long- term relationships with customers and suppliers. We have worked hard to establish a strong reputation for reliability and quality and invested heavily in technology and talent to stay ahead of the competition. Our success is the result of our team's hard work and dedication, as well as our unwavering commitment to providing customers with the best possible products and services. ARYAN Semiconductor is a global semiconductor company based in Mumbai. The company specializes in sourcing, selling, and distributing various semiconductors, including microprocessors, memory chips, and power management ICs, to customers worldwide. With increasing competition and demand from the market, the changing market conditions make it challenging to procure semiconductor parts, thereby affecting the manufacturing process. The regular availability of quality semiconductors is crucial for the timely production and distribution of electronic goods in the market. USPs: ARYAN Semiconductors’ unique selling proposi- tions include its vast network of suppliers and customers, which allows the company to offer a wide range of products at competitive prices. The company also strongly focuses on customer service, with dedicated sales and support teams that work closely with customers to understand their needs and provide customized solutions. Additionally, ARYAN Semiconductors has a reputation for reliability and quality, with strict quality control measures to ensure that all products meet industry standards. Being an experienced leader, share your opinion on how adopting modern technologies like AI and ML impacts today’s semiconductor sector and how your organisation is adapting to the change. ARYAN Semiconductors specializes in sourcing, selling, and distributing a wide range of semiconductors, including microprocessors, memory chips and power management ICs to customers worldwide. It becomes necessary for manufacturers to have a guaran- teed and trustworthy source of semiconductor products that are easily accessible and for the most affordable economics. Bridging the demand-supply divide, ARYAN Semiconduc- tors has emerged as a reliable supplier and distributor, thereby supporting a wide range of electronic goods manufacturers and other industries. As an experienced leader in the semiconductor industry, I believe the adoption of modern technologies like AI and ML significantly impacts the sector. These technologies enable faster and more efficient development and manufacturing processes, as well as new applications and use cases for semiconductors. At ARYAN Semiconductors, we fully embrace these changes and invest in the technology and talent needed to leverage these innovations to drive our business forward. Under the visionary leadership of Mitesh Janikar, Founder, ARYAN Semiconductors has successfully built a strong reputation through dependable distribution, stronger customer service and best pricing. Positioning: ARYAN Semiconductors is positioned as a leading player in the semiconductor industry, with a strong presence in key markets such as Asia, Europe, and North America. The company's extensive network of suppliers and customers, combined with its focus on customer service and quality, has helped it to establish long-term relationships with key customers and suppliers. Additionally, the company has been investing in technology and digital Considering the current industry scenario, what challenges do you face, and how do you drive your services to overcome them? In an engaging interview with the CIOLook India team, Mitesh told the journey of ARYAN Semiconductors, its services, USPs and how it has countered the market challenges. He also elaborated on his views on technolo- One of the biggest challenges facing the semiconductor industry today is supply chain disruptions and shortages. At 18 | July, 2023 www.ciolookindia.com 19 | July, 2023 www.ciolookindia.com

ARYAN Semiconductors, we have developed robust contingency plans and have worked closely with our suppliers and customers to mitigate the impact of these challenges. Additionally, we have invested in technology and talent to improve our inventory management and forecasting capabilities, which has helped us to navigate these challenges more effectively. supply chain disruptions, they have managed to fulfil our orders promptly and with the highest quality products. Their attention to detail and dedication to customer satisfaction makes them a trusted semiconductor industry partner.” These testimonials reflect our clients' and corporate partners' positive experiences and satisfaction. We take great pride in providing exceptional service and reliable products and building strong customer relationships. What would you advise budding professionals aspiring to venture into the semiconductor sector? We want to build upon these credentials further. In the future, we envision scaling our business services and offerings by continuing to invest in technology and talent and expanding our global network of suppliers and customers. We also plan to explore new applications and use cases for semiconductors, such as in the emerging fields of artificial intelligence, autonomous vehicles, and the Internet of Things. To aspiring professionals looking to venture into the semiconductor sector, I would advise staying focused on building strong relationships with customers and suppliers. This industry is highly competitive, and success often comes down to trust, reliability, and quality. I also encourage them to stay updated on the latest trends and technologies and embrace change and innovation. How do you envision scaling your business services and offerings in the future? Presently, testimonials from our clients accurately highlight our firm’s position in the semiconductor solutions segment. Testimonial from Client A: “We have been working with ARYAN Semiconductors for several years, and they have consistently exceeded our expectations. Their extensive network of suppliers ensures we have access to a wide range of high-quality semiconductor products. Their team goes above and beyond to understand our requirements and provide customized solutions. Their competitive prices and reliable delivery have made them our trusted partner in the industry.” Testimonial from Corporate Partner B: “We have had the pleasure of collaborating with ARYAN Semiconductors Trading Company on various projects. Their commitment to quality and customer satisfaction is truly commendable. Their semiconductor industry expertise and ability to source specialized components have been invaluable to us. They have been instrumental in helping us overcome supply chain challenges and meet tight deadlines. We highly recommend ARYAN Semiconductors for their professional- ism and outstanding service.” Testimonial from Client C: “We have been working with ARYAN Semiconductors for both our regular and urgent semiconductor requirements. Their responsiveness and reliability have been exceptional. Even during the industry's 20 | July, 2023 www.ciolookindia.com

India's Best Companies Shaping the Future of Semiconductor Industry 2023 J peres construct huge empires. ohn Ford truly showcased the importance of electronics through his quote, “Electronics is clearly the winner of the day!” and we could see how milliam- Embracing innova?on is the key to ul?mate aggressiveness in the evolving semiconductor sector. Today, electronics has become an important part of our lives. Whether it is a smart–phone, home, appliances, TV, or car–along with hardware and software, small electronic components play a big part in the play of modernization, globalization, and globe-encompassing digitalization. With the help of this dominant technology, numerous companies are already ruling the global industry. Among such mighty corporations, Dhwaj International, an electronics and semiconductor company, stands apart from the crowd by embracing innovation and providing optimum client satisfaction. The company is an exporter, distributor, supplier, service provider, importer, and trader of electronic components. It tops the market because of its fine approach to obtaining goods from top manufacturers, upholding lofty standards, open communication, moral business practices, putting the customer's needs first, having a large distribution network, and meeting delivery deadlines on time. automation products, servo motors, integrated circuits, IGBT modules, electronic components and semiconductors, microprocessors, RF MOSFETs, AC/DC converters, transistors, DC motor controllers, bridge rectifiers, etc. A true leader not only directs the company with his knowledge and vision but also helps to uplift the morale and confidence of the staff. Dhwaj International is also blessed with an extraordinary visionary leader, Mr Dhwaj Jain, the Founder. Mr Dhwaj Jain Founder Our dedication to achieving the highest level of client satisfaction makes us unique in the intense competition. 'We work as a buyer for your company. Just send us all your requirements, and we will do the rest.' We are responsible for providing timely and expert delivery of high-quality parts at the lowest possible costs. Additionally, we provide consolidation and shipping services for businesses with current sourcing. We are committed to providing quality and competitive price electronic components, on-time delivery, and knowledgeable customer service. Under his fine leadership, Dhwaj carved a sturdy foothold in the market. He is a powerful and intelligent leader with a commercial enterprise perception and a wealthy trip. These qualities have been instrumental in supplying the utmost contentment to its clients. In an exclusive interview with the leader, Dhwaj, team CIOLook India witnessed a great story of its inception, challenges, initiatives, and success. Please brief us about the immersive benefits offered by Dhwaj International to the modern semiconductor industry. Tell us more about your services and what makes them stand out in the cutthroat competition. Being a well-established electronics company, we offer a plethora of excellent products and services in the electronic component field. Various services include electronic component importing, wholesaling, exporting, trading, and retailing. In the case of electronic components, we cover all types of products that include rectifier diodes, industrial Currently, the semiconductor industry in India is facing a shortage of components and associated products. With the new technologies emerging in the market, businesses require electronic components for their projects and the inadequacy of the services necessary results in slowing A Dynamic Leader Providing Excellent Electronic Services 22 | July, 2023 www.ciolookindia.com 23 | July, 2023 www.ciolookindia.com

down the process and development. Catering to this need, our company contributes to the current semiconductor sector by offering access to a vast selection of dependable producers of high-quality electronic components. Moreover, we focus on patron satisfaction, constructing robust relationships and delivering the merchandise on time. We also ensure our offerings continue to be aggressive and applicable in the dynamic semiconductor sector. What would you advise budding professionals aspiring to venture into the semiconductor sector? Our dependable supply chain includes organised ware- houses, effective transportation, and stringent quality controls. Because of our open communications, corporate moral conduct, and client-focused philosophy, we are blessed with client pleasure and trust. With these advan- tages, we help the contemporary semiconductor business thrive and prosper in the industry. The electronics and semiconductor industry is as vast as an ocean, and from my experience, exploring every amazing thing from this ocean is effortful, yet a great deal to gain knowledge. I would sincerely advise my potential professionals who wish to excel in the industry to fully grasp the semiconductor industry fundamentals. Being an experienced leader, share your opinion on how adopting modern technologies like AI and ML impacts today’s semiconductor sector and how your organisation is adapting to the change. Moreover, as technological advancements do matter to uplift the processes, I suggest maintaining up with technological advances and remaining up to date on market trends. Also, do not stop learning and start investing in non- stop studying and talent development. As strong networks build strong businesses, fostering robust relationships with enterprise experts, suppliers, and customers––would elevate the businesses. Also, remember to prioritise quality, moral practices, and client pride as the basis of your business. Technological advancements play an important role in every industry. When explaining how advantageous it is for the electronic industry, I agree that adopting technologies such as AI and ML is extensively impacting the modern-day semiconductor sector. Over the past few years, these applied sciences have revolutionized product design and manufacturing processes. They have also improved great control and predictive maintenance. How do you envision scaling Dhwaj International’s services and offerings in the future? As a leading company in the electronics industry, we take pride in offering excellent quality electronic components and associated services. We have already come a long way and established a strong position in the market, and with enthusiasm, we aim to expand our organization in the coming days. We wish to scale our enterprise offerings and choices in the future and expand internationally by setting up partnerships with greater producers and suppliers. At Dhwaj International, we adapt to these alternatives and stay abreast with trends and technologies. Moreover, we stay current on modern-day advancements, implement their functions in our processes and leverage them to decorate our choices and services. We believe ‘embracing innovation is the key to ultimate aggressiveness in the evolving semiconductor sector.’ Considering the current industry scenario, what challenges do you face, and how do you drive your services to overcome them? Additionally, we aim to become the centre of attention for strengthening our distribution network and incorporating excellent digital factors. We aim to discover the rising applied sciences and revolutionary solutions and step into unexplored areas of the industry. In the current scenario of the electronics industry, difficul- ties such as severe competition, evolving patron demands, and speedy technological advancements challenge us to modify and adopt. By staying adaptive, proactive, and customer-centric, we aim to decorate our function and meet the evolving wants of the market. We prioritise quality, preserve obvious dealings, and adhere to moral practices to overcome these challenges. To be beforehand for the competition, we always improve our expertise and capabilities. 24 | July, 2023 www.ciolookindia.com

AIMLearn-Smart chips can process vast amounts of medical data, assisting doctors in diagnosis, treatment, and patient monitoring. focus on areas that need improvement, thereby optimizing language learning outcomes. An Evolutionary Saga of Smart Chips Wisening the Human Race of AI&ML Smart Agriculture and AI-driven Crop Management Example: Smartwatches with AI-powered heart rate monitors can alert wearers of irregular heart rhythms, such as atrial fibrillation, enabling early detection and timely medical intervention. AI and smart chips have paved the way for precision agriculture, where data-driven decisions optimize crop management practices. Sensors embedded in the soil, weather stations, and drones provide real-time data for AI algorithms to analyze, leading to more efficient resource utilization and increased crop yields. Empowering Smart Cities with AI-driven Solutions Smart chips have facilitated the development of AI-driven solutions in building smarter and more sustainable cities. Through IoT devices and edge computing, smart chips help process real-time data from sensors and devices, optimizing city services and reducing energy consumption. Example: AI-powered agricultural drones equipped with smart chips can assess crop health and identify areas requiring attention, allowing farmers to target specific issues promptly. he evolution of smart chips and their integration T the landscape of superintelligence, revolutionizing how humans interact with technology. Example: AI-powered traffic management systems use smart chips in cameras and traffic signals to analyze traffic flow and adjust signal timings in real-time, reducing congestion and improving overall transportation efficiency. The Rise of Machine Learning: The evolution of smart chips has significantly contributed to the growth of machine learning. By embedding machine learning algorithms into these chips, AI-capable devices can now learn from real- time data and adapt their behaviour accordingly. This has led to the development of various AI applications like virtual assistants, image recognition, and predictive analytics. into our daily lives has become a crucial aspect of modern society. They been instrumental in shaping Advancing Industry 4.0 with AI-embedded Smart Machines These tiny marvels have significantly enhanced our computational capabilities and enabled the development of sophisticated AI applications that have transformed various industries. In the realm of Industry 4.0, smart chips play a crucial role in powering intelligent machines and robots. These machines can analyze data from sensors, adapt to changing environments, and optimize manufacturing processes, leading to increased productivity and reduced downtime. emergence of smart chips. Voice-activated personal assistants like Amazon's Alexa, Apple's Siri, and Google Assistant have become integral parts of our daily lives. These AI-powered companions utilize smart chips to understand natural language, recognize speech patterns, and continuously learn from user interactions to provide increasingly personalized responses. Edge Computing and AI: One of the crucial advancements facilitated by smart chips is edge computing. Edge devices equipped with AI processors can perform data processing and analysis locally, reducing the need for constant cloud connectivity. This not only enhances privacy and security but also reduces latency, enabling real-time AI applications in critical sectors such as healthcare and autonomous vehicles. These powerful microprocessors have not only revolutionized the world of computing and communication but have also paved the way for significant advancements in Artificial Intelligence (AI) and Machine Learning (ML). Example: AI-powered robotic arms in manufacturing plants equipped with smart chips can precisely perform complex tasks, resulting in higher product quality and production speed. The Dawn of Smart Chips and AI Personal Assistants Example: Alexa's smart chip processes voice commands instantly, allowing users to effortlessly control smart home devices, search the internet, play music, and even assist with shopping and reminders. The journey of smart chips began in the late 20th century, with the development of integrated circuits and microprocessors. Smart chips, beginning as simple microprocessors, have evolved into powerful AI chips that fuel the development of virtual assistants. Initially, these chips were used to enhance the computational power of computers, enabling faster data processing and better performance. Personalized Learning and AI-powered Education Future Intelligence: The evolutionary saga of smart chips has undoubtedly wisened the human race with the power of AI and ML. These tiny yet powerful microprocessors have transformed our devices into intelligent companions, helping us navigate our lives more efficiently. From edge computing to personalized learning, smart chips have opened up a world of possibilities, shaping a future where humans and AI coexist in harmony. As we continue to embrace this technological evolution, it is essential to prioritize responsible and ethical use to ensure that these advancements lead to a brighter, more efficient, and equitable future for humanity. Smart chips have also made significant contributions to the field of education. AI-powered educational platforms utilize smart chips to analyze student performance data and adapt learning content to meet individual needs and learning styles. Enhancing Healthcare with AI-powered Medical Devices The integration of smart chips and AI technologies has revolutionized healthcare, enabling the development of innovative medical devices that save lives and improve patient outcomes. AI-powered devices equipped with smart Example: AI-driven language learning apps can identify a student's weaknesses and strengths, tailoring exercises to As technology progressed, the miniaturization of chips and increased processing capabilities laid the foundation for the 26 | July, 2023 www.ciolookindia.com 27 | July, 2023 www.ciolookindia.com

India's Best Companies Shaping the Future of Semiconductor Industry 2023 RIR Power Electronics Empowering Futuristic Revolution of Smart Devices ver the past couple of years, India has witnessed a O without electronic components. As technology is enhancing day by day, Power Electronics is capturing the market and has gained much popularity. Moreover, devices that provide reliable and stable power are in demand. Many companies have understood this market demand and set foot in the power electronics and semiconductor industry. power semiconductor components, value-added subsystems, and systems for over 54 years. Our unique vertical integration sets us apart, offering a comprehensive range of “Made in India” products that encompass the entire value chain, from silicon-based to systems-level products. This capability enables us to cater to global markets with unparalleled efficiency and expertise. great revolution in electronics and semiconductors. We cannot even imagine any advanced device Tell us about the immersive benefits offered by your business enterprise to the modern semiconductor industry. RIR Power Electronics Limited is a prominent player offering various quality electronic products.Formerly known as Ruttonsha International Rectifier Limited, the company is at the forefront of manufacturing power semiconductor devices and high-power equipment. It has an impressive legacy of over five decades (54 years) and boasts of its profound expertise in semiconductor technology. Dr Harshad Mehta, Founder and CEO RIR Power Electronics Limited Our honourable Electronics Minister, Shri Ashwini Vaishnaw, has aptly identified power electronics as the “lowest hanging fruit” for India, emphasizing its immense potential. In line with the vision of the Government of India, RIR Power Electronics is at the forefront of this transformative sector, spearheading advancements and making this vision a reality. Our contributions are evident in our partnerships and collaborations with esteemed entities such as Indian Railways, Indian Defense, renowned Indian and global corporations like Adani, ABB, Siemens, and CG Power, as well as leading research institutes and universi- ties. By providing cutting-edge products and services, we are actively driving progress in this space, aligning with the government’s objectives and serving a diverse range of esteemed clientele. Moreover, the company has cultivated a unique understanding of diverse product applications and focuses on product manufacturing. RIR Power Electronics owes its visionary approach and relentless pursuit of success to its promoter—Dr Harshad Mehta, Owner and Promoter. Driven by unwavering determination, he embodies the values of perseverance, iron willpower, and eternal optimism. With a focus on the MUST (Manufacturable, Useable and Saleable Technology) goal—Dr Mehta instils a passion for questioning ‘Why Not’ and delivering on promises. Furthermore, our expertise places the company in an advantageous position to provide power quality and reliability solutions. It becomes particularly critical in advanced semiconductor fabs, where uninterrupted and reliable power is essential for the flawless operation of robotically automated manufacturing infrastructure. By ensuring a stable power supply, we contribute to the seamless functioning of such sophisticated facilities, enabling optimal productivity and precision. With these initiatives, our company is cementing its position as a pioneer in the Power Electronics field, driving innovation, and meeting the evolving needs of diverse industries. What sets us apart is our unique vertical integration, offering a comprehensive range of “Made in India” products that encompass the entire value chain, from silicon-based to systems-level products. “ Please brief us about RIR’s journey in the business world and how the company has made its venture excel in its niche. “ In an exclusive interview with CIOLook India, RIR’s leader, Dr Mehta, narrated how he has taken the business to the next level and become the market leader in ‘Power Electronics.’ RIR is now embarking on the next technological frontier in Power Electronics by setting up the entire Ecosystem of manufacturing facilities in India for SiC (Silicon Carbide) based Compound Semiconductor. This strategic step holds tremendous potential in various sectors, such as Electric Vehicles (EVs), Railways, Aerospace and Defense, Renewable Energy, and Grid applications. By embracing SiC technology, we aim to revolutionize these industries with enhanced performance and efficiency. Being an experienced leader, share your opinion on how adopting modern technologies like AI and ML impacts today’s semiconductor sector and how your organization is adapting to the change. Tell us more about your services and what makes them stand out in the cutthroat competition. Based on my experience, I can attest to the significant impact that the adoption of modern technologies like RIR Power Electronics has held a distinctive position as the sole company in India engaged in the manufacturing of 28 | July, 2023 www.ciolookindia.com 29 | July, 2023 www.ciolookindia.com

Artificial Intelligence (AI) and Machine Learning (ML) has on today’s semiconductor sector. AI and ML are revolutionizing how semiconductor companies design, manufacture, and optimize their products and processes. In the semiconductor sector, AI and ML are employed across various value chain stages. These technologies are instrumental in accelerating design automation, optimizing chip performance, improving yield rates, enhancing quality control, and enabling predictive maintenance. With the vast amounts of data generated during semiconductor manufacturing, AI and ML algorithms can extract valuable insights, identify patterns, and make data-driven decisions with unparalleled speed and accuracy. RIR’s confidence also stems from its strong foothold in these niche sectors. Our proven track record, coupled with its technical prowess, instils confidence in customers and partners. We have longstanding relationships and a reputation for delivering reliable and innovative solutions to our clientele. While competition from well-resourced Indian giants is formidable, we are committed to maintaining our leadership by focusing on high-value niche sectors. We at RIR will continue to leverage our technical capabilities, expertise, and extensive experience to deliver specialized solutions that cater to the specific needs of these sectors. We remain dedicated to innovation, research, and development, ensuring that we stay at the forefront of technological advancements to provide unmatched products and services to our customers. In our organisation's context, we recognise AI and ML's immense potential in transforming the semiconductor industry. We leverage these technologies to enhance product development cycles, improve manufacturing efficiency, and optimize product performance. By embracing these modern technologies, we strive to unlock new opportunities, drive innovation, and deliver advanced solutions that cater to the evolving needs of our customers. The adoption of AI and ML is revolutionizing the semiconductor sector, and we are embracing these technologies to stay competitive, enhance productivity, and deliver cutting-edge solutions to our customers. How do you envision scaling your business services and offerings in the future? Until now, we have been primarily involved in manufacturing Silicon (Si) based devices and power equipment using Si technology acquired from International Rectifiers & Silicon Power Corporation (USA). However, with a new project on the horizon, we are ready to embrace SiC (Silicon Carbide) technology, which provides a significant advantage over traditional devices. SiC technology has superior performance characteristics, such as higher energy efficiency, faster switching speeds, and better temperature resistance. Considering the current industry scenario, what challenges do you face, and how do you drive your services to overcome them? RIR Power Electronics takes pride in its unmatched global technical capabilities. However, we acknowledge the significant challenges of well-resourced Indian giants with multi-billion plans for Giga Factories. Despite these challenges, we remain confident in maintaining its leadership position in high-value niche sectors. One of our key factors contributing to the company’s confidence is its deep understanding that high-value niche sectors demand substantial resources, extensive product development, and a proven track record of successful applications. While SiC technology offers numerous benefits, it comes at a higher cost for customers. This cost premium is due to the advanced materials and manufacturing processes of SiC- based devices. Despite the higher price, customers are willing to invest in SiC devices due to their cutting-edge capabilities and the potential long-term cost savings through improved energy efficiency and reliability. By embracing SiC technology, we aim to stay at the forefront of the power semiconductor industry and provide our customers with state-of-the-art solutions that meet their evolving needs. This decision to adopt SiC technology demonstrates our commitment to innovation. Incidentally, we are the only end-to-end manufacturing facility in India for Si devices & also will be the only one for SiC power semiconductors. Additionally, RIR has invested considerable time, effort, and resources in developing its technical expertise, which sets it apart from competitors. We recognize that maintaining a leading position requires more than just large-scale manufacturing capabilities. We necessitate an in-depth understanding of the unique requirements of these niche sectors and the ability to provide tailored solutions. 30 | July, 2023 www.ciolookindia.com 31 | July, 2023 www.ciolookindia.com

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India's Best Companies Shaping the Future of Semi-Conductor Industry- 2023