According to the article, the Indian semiconductor market’s size was about 38 billion U.S. dollars in 2023, 45 to 50 billion U.S. dollars in 2024-2025, and was expected to reach 100 to 110 billion U.S. dollars by 2030, News.az reports, citing Xinhua.
***
The article also revealed that the next phase under India Semiconductor Mission 2.0 will focus on advanced manufacturing, with a clearly defined roadmap to achieve 3-nanometre and 2-nanometre technology nodes.
By December 2025, as many as 10 projects with a total investment of 1.6 trillion Indian Rupees had been approved across six Indian states.
