Global restructuring drives nations to diversify supply chains, positioning India as a key alternative in semiconductors.
Growing Consumer Electronics Market
India is a key player in global electronics, with many companies like Apple setting up facilities. The electronic manufacturing output to exceed $5300 Bn by 2030.
Demand In Automobile Sector
The automotive sector is evolving with more EVs and self-driving cars, boosting semiconductor demand. India's automotive industry, valued at $222 Bn+ in 2022
The Rise of AI
AI is growing globally, impacting all sectors. In India, AI adoption and semiconductor market growth, projected at $21B by 2030, enhance efficiency and innovation.
The Rise Of India’s Semiconductor Startups Report 2024
The Rise Of India’s Semiconductor Startups Report 2024