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National Technology Day: What’s Fabricating In India’s Semiconductor Space?

Inc42Inc42 · 5m
National Technology Day: What’s Fabricating In India’s Semiconductor Space?

India is working towards becoming a global powerhouse in the semiconductor industry, with support from the government and venture capitalists. The country's efforts to build a semiconductor ecosystem date back to 1976, and recent initiatives, such as the 'Semicon India' program and the Design Linked Incentive (DLI) scheme, are driving growth in the sector. The Indian government has also laid the foundation for three semiconductor plants and plans to establish a dedicated research and development unit. Venture capitalists are increasingly interested in semiconductor startups, recognizing the potential in areas like electric vehicles, AI computing, and consumer electronics. The Indian semiconductor market is projected to reach over $150 billion by 2030.

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