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vishakha Jangir

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๐—›๐—ผ๐˜„ ๐˜๐—ต๐—ฒ ๐—ฆ๐—ฒ๐—บ๐—ถ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜๐—ผ๐—ฟ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—–๐—ฎ๐—ป ๐—•๐—ฒ ๐—ฎ ๐—•๐—ถ๐—ด ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐—ณ๐—ผ๐—ฟ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ'๐˜€ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐˜† ? Global semiconductor market projected to reach $1 trillion by 2030 from $600 billion in 2024 Indiaโ€™s semiconductor market expected to grow from $23 billion (2021) to $90 billion by 2030 Electronics consumption in India to reach $400 billion by 2025, driving high chip demand India currently imports 100% of its semiconductors, creating a huge opportunity for local manufacturing Domestic production can save billions in foreign exchange and reduce import dependency Sector expected to create 85,000+ direct and 250,000+ indirect jobs in coming years Government launched โ‚น76,000 crore ($10 billion) incentive scheme to support semiconductor ecosystem Micron investing $2.75 billion in Gujarat for assembly and testing facility Tata Group setting up โ‚น91,000 crore chip plant in Dholera in collaboration with Taiwanโ€™s PSMC India benefits from โ€œChina+1โ€ strategy as companies look for alternate chip manufacturing bases Over 120 global chip design firms already operating in India, including Intel, AMD, and Qualcomm India holds 20% of the worldโ€™s semiconductor design talent Growth in AI, 5G, EVs, and IoT to further drive semiconductor demand in India Sector could contribute $100 billion+ to Indiaโ€™s GDP by 2030 Strategic opportunity to make India a global semiconductor and electronics manufacturing hub. Follow vishakha Jangir for more such opportunities!!

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