Indian semiconductor market to double by 2030, hitting $108 billion: UBS report

India’s semiconductor industry is poised for significant expansion. A UBS report projects a doubling of end-demand revenues by 2030. The market is expected to grow at a 15 per cent CAGR. Localisation efforts will contribute substantially to revenue. India’s talent pool and supportive policies are key drivers. Multinational companies are diversifying supply chains, benefiting India.