India’s semiconductor market to hit $103 billlion by 2030, fuelled by AI, EVs, and defence

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Artificial intelligence (AI) infrastructure, electric mobility and defence modernisation will drive India’s domestic semiconductor market over the next decade, according to a report by early-stage fund Endiya Partners. With data centre capacity expected to surge to 9 GW by 2030 from about 1.5 GW at present, and the IndiaAI Mission already deploying 38,000 graphics processing units (GPUs) against an original target of 10,000, demand for chips is set to accelerate sharply.

India’s domestic semiconductor market is expected to nearly double to $103…



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India’s semiconductor market to hit $103 billlion by 2030, fuelled by AI, EVs, and defence



Artificial intelligence (AI) infrastructure, electric mobility and defence modernisation will drive India’s domestic semiconductor market over the next decade, according to a report by early-stage fund Endiya Partners. With data centre capacity expected to surge to 9 GW by 2030 from about 1.5 GW at present, and the IndiaAI Mission already deploying 38,000 graphics processing units (GPUs) against an original target of 10,000, demand for chips is set to accelerate sharply.

India’s domestic semiconductor market is expected to nearly double to $103…



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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