It is expected that the semiconductor market in India will exceed $ 150 billion by 2030, with semiconductor artificial intelligence (AI) alone, which represents an opportunity of $ 21 billion, according to a report issued by basic root consultations.
The increasing demand for electronics and semi -conductors in the country is driven by increased income, increased accreditation for digital accreditation, and a large local market that is expected to reach $ 110 billion by the fiscal year 30.
The report indicates that two -thirds of the startups in India in India operates outside Bangaluru, where the central government is expected to cover half the cost of preparing semiconductor manufacturing. Currently, India has more than 100 semiconductor startups, which contributes 20 % of the global workforce to design circuits in the design of circles, as the sector has seen 2.4X growth since 2014.
India has attracted $ 18 billion in investments in five semiconductor projects, with a strong focus on assembling semiconductor semiconductors (OSAT), assembly, testing, marks, packaging and packaging. Companies such as Tata, Micro and Keynes lead investments in advanced chips, which leads to further growth in this ecosystem.
The government’s SEICON India program aims to allocate 76,000 rupees, to support companies that invest in the manufacture of semiconductors, design and display. This initiative is a major step in strengthening India’s position in global electronic value chains.
However, the challenges, including the lack of advanced FABS in semiconductors, continue to depend on imports of materials such as chips and specialized chemicals, and large capital investment requirements. The semiconductor area in India is still dominated by foreign companies such as TSMC and Samsung.
The semiconductor mission (ISM) in India, which was established as an independent section within Digital India, focuses long -term strategies to enhance the design and manufacture of semiconductors in the country. Overcoming these challenges will be necessary for India to enhance their presence in the industry of international semiconductors.
