India’s Semiconductor Industry Poised for USD 100 Billion Breakthrough by 2032

India’s semiconductor industry, valued at USD 34 billion in 2023, is set for explosive growth, projected to hit USD 100 billion by 2032. Fueled by government initiatives like the Semiconductor Mission and PLI schemes, the sector is generating millions of jobs and attracting significant investments. With a skilled workforce and rising demand in AI, 5G, and IoT, India is positioning itself as a global leader in semiconductor manufacturing and design.