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India's semiconductor market projected to exceed $100bn by 2030, driven by government initiatives and digital demand.
India's semiconductor market is expected to exceed $100 billion by 2030, fueled by government initiatives like the production-linked incentive scheme and rising demand for digital infrastructure.
Valued at $45 billion in 2021, the market is growing at a CAGR of 13%.
The government’s $9.1 billion 'Semicon India' program aims to enhance local manufacturing.
India's engineering talent is also seen as key to addressing the global semiconductor workforce shortage.
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Se prevé que el mercado de semiconductores de la India supere los 100 mil millones de dólares para 2030, impulsado por iniciativas gubernamentales y la demanda digital.