India's Semiconductor sector to double to $103 billion by 2030

 


India’s semiconductor industry is on track for exponential growth, with projections showing the sector doubling to $103 billion by 2030. Driven by rising demand in electronics, automotive, 5G infrastructure, and artificial intelligence, the sector is set to become a cornerstone of India’s tech-driven economy.

Government initiatives such as the Semicon India program, production-linked incentives, and global partnerships are drawing major investments from chipmakers. Domestic design talent and a push for fabrication units are also strengthening the ecosystem.

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