September 20, 2026 11:41 AM
India’s semiconductor market projected to cross USD 200 billion by 2035: EY-IESA report
India's semiconductor market is projected to grow more than threefold from nearly 64 billion US dollars in 2026 to 200 billion US dollars by 2035, according to an EY-IESA report. The report, titled 'Semicon India 2.0: From capacity creation to ecosystem leadership', said the projected growth presents an opportunity to convert rising domestic demand into manufacturing, innovation and greater supply-chain resilience. Consumer electronics currently accounts for around 30 per cent of India's semic...