Indian semicon market may grow over two-fold to Rs 9.6 lakh cr by 2030

India’s semiconductor market is projected to more than double, reaching $100–110 billion by 2030, up from $45–50 billion in 2024–25. A government statement highlighted the urgency to build secure, diversified chip supply chains amid global reliance on Taiwan. India aims to become a trusted global hub, backed by ₹76,000 crore in incentives and over ₹1.55 lakh crore in industry investments.

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