India’s Semiconductor Market to Exceed $100 Billion by 2030

India's semiconductor market is set to reach $109 billion by 2030, growing from $38 billion in 2023 at a 16% annual rate. Key drivers include government initiatives such as the production-linked and design-linked incentive schemes, investments from Tata and Micron, and a strong local chip design sector. These efforts aim to establish India as a global semiconductor hub.