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Informative

India’s Semicon Demand Likely To Cross $100 Bn By 2030: MeitY Secretary

Update / Judgement Date

28 Mar 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

India’s semiconductor demand is projected to surpass $100 billion by 2030, according to the MeitY Secretary. This forecast highlights the rapid growth of the semiconductor industry in India. The increasing demand is driven by the expansion of electronics manufacturing and technology sectors. The projection underscores the importance of developing domestic semiconductor capabilities. This news reflects India's growing importance in the global tech supply chain.