India’s Chip Market Poised to Scale $ 110 Billion by 2030 | Technology news
Samira Vishwas August 03, 2025 11:26 PM

New delhi: India’s transformation from a consumer to a key manufacturer in the global semiconductor value chain, with the chip market targeted to reach 100 to 110 billion dollars by 2030, ising driven by stratograph Launched by the government. These include the India semiconductor mission, rolled out with an investment of Rs 76,000 Crore, The Semicon India Program, and Global Partnerships Such as ICT, According to an official state

According to Industry Estimates, The size of the Indian Semiconductor Market was about 38 billion dollars in 2023, is projected to be 45 to 50 billion dollars in 2024-2025, and is expected to reelas 63 billion dollars by 2026 and 100 to 110 billion dollars by 2030.

With its fourth edition to be help in delhi from september 2 to 4, semicon India 2025 is set to showcase India’s evolving role in the global semiconductor ecoctor Ecoctor Ecoctor Ecoctor Ecoctor Ecoctor, with Participation from as 18 Countries. The three-day Event will brings together industry leaders, Innovators, Academia, Government, And Other Stakeholders to Drive Collection and Technological Advancements Accounts

As Approved Facilites Begin Operations and New Projects Take Shape, India is positioning Itsing ItsLF as a Trusted Hub For Semiconductor Manufacturing, Strenching Its Digital Economy, Nature, Nature, NATISAL ECONOYS Technological Self-Reliance. From dependence to dominance, the chip revolution is real and “it’s hapning right here, right now in bharat”, the statement said.

In May 2025, The Union Cabinet Approved The Establishment of One More Semiconductor unit under the India semiconductor mission. The unit approved is a joint venture of HCL and Foxconn. This plant will manufacture display driver chips for mobile phones, laptops, automobiles, pcs, and myriad other devices that have a display. The plant is designed for 20,000 wafers per month. The design output capacity is 36 million units per month.

At the Global Investors Summit 2025, it was announced that India’s first indigenous semiconductor chip wld be ready for production this year. Five production units are under construction, Signalling a significant milstone for domestic capability.

To further strengthen the talent pipeline, the government has also initiated a program to train 85,000 engineers in advanced semiconductor and electrics manufacturing.

Madhya Pradesh has taken a significant stride in the it and electronics sector with the inauguration of its first itampus, backed by an investment of Rs 150 crore over the next six. Spanning 1 Lakh Square Feet, The State-of-the-Facility is Designed to Support End-to-Ed Manufacturing of it hardware and Electronic Products Under One loof.

The plant will produce a wide range of components, include servers, desktops, motherboards, chassis, ram, ssds, as well as advanced technologies such as drivers and robots. It will also also manufacture desktop computers, all-in workstations, laptops, tablets, and monitors. The project is expected to Generate Employment for Around 1,200 Professionals, Position the State as a Growing Hub for Electronics Manufacturing in India.

In July 2025, Netrasemi, A Startup Supported Under The Government’s Chip Design Scheme, Received Venture Capital (VC) Investment of Rs 107 Crore. The company is working on Making Chips for Smart Vision, CCTV Cameras, and Internet of Things (IOT) Applications.

The Global Demand for Chips is Skyrocketing, but the supply chain remains very fragile opening to the concentration of the industry in a more limited geographies. There is a clear need for global diversification of manufacturing. India is emerging as a dominant player in this region, the statement pointed out.

Initiatives Like Including Electronics Systems Design and Manufacturing (ESDM) as one of the key sectors under make in India, or the India semiconductor mission and semicon india indiaa Programa, popular Ecosystem to support the industry. The global semiconductor market is expected to reach $ 1 trillion by 2030, with India’s market occuppying a substantial purpose of it.

India has the capacity to emerge as a key contributor to the 3 primary pillars of the semiconductor manufacturing supply chain: Equipment – Leveraaging Strong Base of MSMES to Produce Componants for Semiconductor Equipment: Materials – India is a rich source of chemicals, minerals and gases which can be utilized by semiconductor supply chain companies; And Services (R&D, Logistics and Supply Chain, Major Talent in AI, Big Data, Cloud Computing and Iot, The Statement Added.

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