Indian semiconductor market may grow over two-fold to Rs 9.6 lakh crore by 2030

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India’s semiconductor market is expected to more than double to grow in the range of $100-110 billion by 2030 according to industry estimates, an official statement said on Sunday.

The Indian semiconductor market was about $45-50 billion in 2024-2025 against $38 billion in 2023, the statement said, citing industry estimates.

As per industry estimates, the size of the Indian semiconductor market was about $38 billion in 2023, $45-50 billion in 2024-2025 and is expected to reach $100-110 billion by 2030,” the statement said.

A detailed statement…



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Indian semiconductor market may grow over two-fold to Rs 9.6 lakh crore by 2030



India’s semiconductor market is expected to more than double to grow in the range of $100-110 billion by 2030 according to industry estimates, an official statement said on Sunday.

The Indian semiconductor market was about $45-50 billion in 2024-2025 against $38 billion in 2023, the statement said, citing industry estimates.

As per industry estimates, the size of the Indian semiconductor market was about $38 billion in 2023, $45-50 billion in 2024-2025 and is expected to reach $100-110 billion by 2030,” the statement said.

A detailed statement…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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