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India's Semiconductor Market to Surpass $100 Billion by 2030

  • India's semiconductor market is projected to exceed $100 billion by 2030, driven by government initiatives and robust demand.
  • Mobile handset, IT, and telecom sectors contribute over 75% of the industry's revenues.
  • The $9.1 billion 'Semicon India' programme aims to boost manufacturing and workforce development.
  • India produces 800,000 engineers annually, positioning it to address global talent shortages.
  • The global semiconductor market is expected to reach $1 trillion by 2030, driven by IoT, AI, and future technologies.

Source: Zee News, The Economic Times

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2mo ago
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