Policy push could help India tap 8-10% of global semiconductor demand, says IESA

India’s semiconductor market is poised for a transformational decade, with industry leaders projecting it to surpass $100 billion by 2030. According to a report by the India Electronics and Semiconductor Association (IESA), the country could cater to nearly 8–10% of global demand, amounting to $40 billion, if policy momentum and execution continue at pace.

Ashok Chandak, President of IESA, highlighted that India has already made significant progress under the Semicon India programme but stressed that the sector requires long-term support.

“It is…