The Indian semiconductor industry is expected to grow from $34.3 billion in 2023 to $100.2 billion by 2032, with a compound annual growth rate (CAGR) of 20.1%. Other estimates put the market at $150 billion by 2030, with a CAGR of 24%.
The Indian software as a service (SaaS) market is expected to grow from $13 billion in 2022 to $25 billion by 2025, $35 billion by 2027, and $50 billion by 2030, according to a report by venture capital firm Bessemer Venture Partners (BVP).
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Mahendra Lochhab
Content creator • 3m
India's industrial robotics market is projected to grow at a CAGR of 12.60% between 2023 and 2029, reaching a value of USD 11.29 billion by 2029.
The pan masala market in India is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024–2032, reaching a revenue of 623,619 crore by 2032.
The drone industry in India is expected to grow rapidly, with a compounded annual growth rate (CAGR) of 80% between 2022 and 2027. The drone market is expected to reach $13 billion by 2030.