7 Key Highlights From Semiconductor Landscape Of India 2024

Market Opportunity

The Indian semiconductor market is projected to exceed $150 billion by 2030,

AI Semiconductor Market

The AI semiconductor sector  is expected to reach over $21 billion by 2030.

Government Support

The Indian government plans to subsidize up to 50% of the manufacturing setup costs.

Startup Ecosystem

India boasts a robust and growing ecosystem with over 100 semiconductor startups

Regional Focus

Bengaluru is home to approximately two-thirds of the country's semiconductor startups

Startup Growth

The semiconductor startup landscape has seen a 2.4x year-over-year growth in new launches since 2014

Workforce Contribution

Indian professionals make up 20% of the global workforce in semiconductor IC design

The Rise Of India’s Semiconductor Startups Report 2024

The Rise Of India’s Semiconductor Startups Report 2024