The Rise Of India’s Semiconductor Startups Report 2024

The semiconductor sector is anticipated to become a $150 Bn market by 2030, expanding at a CAGR of 24% from 2023 to 2030. With over 100 startups driving innovation, this report explores the pivotal roles played by key industry players and government initiatives.

It provides a detailed analysis of major ongoing projects and highlights the significant opportunities for startups contributing to the sector’s growth. Additionally, the report examines the transformative impact of artificial intelligence on the semiconductor industry, offering a comprehensive overview of its current landscape and future potential.

Download This Report

Quoted & Trusted By

Key Highlights

$150 Bn+

Total Market Opportunity For Semiconductors In India By 2030

$21 Bn+

AI Semiconductor Market Opportunity In India By 2030

100+

Semiconductor Startups In India

2.4x

YoY Growth In Indian Semiconductor Startups Since 2014

20%

Of Global Semiconductor Integrated Circuit Design Workforce Is From India

Two-Third

Indian Semiconductor Startups Operate Out Of Bengaluru

TOC SUMMARY

The Semiconductor Market Opportunity
India’s Semiconductor Startup Landscape
Growth Of Semiconductor Industry In India: A Timeline
Semiconductor Startup Opportunity & Challenges In India
A Deep Dive Into Semiconductor Value Chain
Decoding Semiconductor Applications & Use Cases
The List Of Notable Semiconductor Startups In India
The List Of Semiconductor Plants In India
The Semiconductor Design Opportunity For Startups
Semiconductor Services Opportunity For Indian Startups
The Dawn Of AI Semiconductor & The Opportunity For India
The Key Growth Drivers For India’s Semiconductor Revolution
Government's Role In Fostering India's Semiconductor Boom
The Key Challenges
Trends To Look Out For

Summary

India holds significant potential in the global semiconductor industry, projected to exceed $150 Bn by 2030. As countries seek alternatives to China, India's prominence in the semiconductor sector is expected to rise further. The market opportunity for AI semiconductors in India is also substantial, expected to surpass $21 Bn by 2030. Additionally, startups are making significant contributions, particularly in semiconductor design and services, with over 100 startups in the sector. The government is playing a crucial role by providing infrastructure and substantial subsidies, covering around 50% of the sector's needs. Several major projects are emerging in India, further boosting growth.

Stay on top - Get the daily news from Inc42 in your inbox