Policy push could help India tap 8-10% of global semiconductor demand, says IESA

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India’s semiconductor market is poised for a transformational decade, with industry leaders projecting it to surpass $100 billion by 2030. According to a report by the India Electronics and Semiconductor Association (IESA), the country could cater to nearly 8–10% of global demand, amounting to $40 billion, if policy momentum and execution continue at pace.

Ashok Chandak, President of IESA, highlighted that India has already made significant progress under the Semicon India programme but stressed that the sector requires long-term support.

“It is…



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Policy push could help India tap 8-10% of global semiconductor demand, says IESA


India’s semiconductor market is poised for a transformational decade, with industry leaders projecting it to surpass $100 billion by 2030. According to a report by the India Electronics and Semiconductor Association (IESA), the country could cater to nearly 8–10% of global demand, amounting to $40 billion, if policy momentum and execution continue at pace.

Ashok Chandak, President of IESA, highlighted that India has already made significant progress under the Semicon India programme but stressed that the sector requires long-term support.

“It is…



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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