Taiwanese chipmaker MediaTek, which commands a 47 percent share of India’s smartphone market, is strategically diversifying into new vertical such as automotive, data centres and ASICs to drive its next phase of growth.

In an interview to Moneycontrol , MediaTek India managing director Anku Jain outlines the strategy to democratise 5G, India’s progress in semiconductor manufacturing, the PLI schemes and why he believes the ecosystem is finally coming together. Edited excerpts of the interview:

How do you see the Indian handset industry evolving and what’s your outlook for the market?

We’ve been in the Indian market for a long time and recently, we’ve been particularly vocal about the 5G ecosystem buildup in India. Our 5G strategy has always been to serve the entire market—from mainstr

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