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India’s Semiconductor Market to Hit $103.5 Billion by 2030, Driven by EVs, 5G, and Data Centres
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India’s Semiconductor Market to Hit $103.5 Billion by 2030, Driven by EVs, 5G, and Data Centres

India’s semiconductor market is on track to nearly double in value, reaching $103.5 billion by 2030, according to a report released by Quess Corp. The industry, currently valued at $54.3 billion in 2025, is expected to grow at a robust compound annual growth rate (CAGR) of 13.8 percent — a pace that outperforms global benchmarks....