New Delhi, April 13 (IANS) According to a report by the financing firm UBS, the revenue of the Indian semiconductor industry between 2025 and 2030 is doubled $ 54 billion to $ 108 billion. The report hoped that India would benefit from the US Tariff War and the Chinese economy. In addition, India will appear as a strong option for global legendary businesses that want to establish a supply chain. The report says that there will be a strong growth in the market of semiconductor in India and that localization is a great opportunity. The UBS said that the compound annual growth rate (CAGR) for the Indian semiconductor industry our forecast for the global semiconductor and the market estimates, the creditworthiness to India’s favorable demographics, thereby strengthening the demand for electronics and advanced semiconductor. The government’s policy is also favorable. The report said that India has only a 0.1 percent stake in the global waffle capacity. At the same time, about 1 percent in the country’s annual equipment expenses and 6.5 percent in semiconductor demand. According to the report, large technical companies evaluate the transfer of their supply chains amid rates initiated by Donald Trump administration in the US. The report said that some businesses started working on their ‘China Plus One’ strategy in their final meeting outside China. India can benefit from this, as world businesses consider India as an alternative compared to China. The report said that India is a major market for global semiconductor, which is estimated to be $ 54 billion in 2025.
The revenue of India’s semiconductor industry could double by 2030 to $ 108 billion: Report
