Budget 2025 may boost India’s semiconductor industry with incentives for local manufacturing, R&D, and supply chain ...

IESA said the government needs to prioritise local value addition, and set a target of 25% local value addition by 2025-26 ...

India’s semiconductor industry is at a pivotal juncture, with a projected market growth of 19 per cent CAGR. As the Union ...

India's semiconductor market is projected to grow from Rs. 4,50,164 crore (US$ 52 billion) in 2024 to Rs. 8,95,134 crore (US$ 103.4 billion) by 2030, driven by mobile handsets, IT, and industrial ...

The government's targeted incentives for fabrication facilities (Fabs) and outsourced semiconductor assembly and testing (OSATs), increased R&D investments and collaborative industry initiatives are ...

Budget 2024 laid the groundwork for semiconductor development in India, with the announcement of the Rs 76,000 crore ...

India’s semiconductor market is projected to grow to $103.4 billion by 2030, powering the over $400 billion electronics market, the Indian Electronics and Semiconductor Association (IESA) said on ...

Experts hope that the Budget has a large allocation that could help India move towards self-reliance in the semiconductor ...

Budget 2025 can give a push not just for semiconductor manufacturing, but a holistic development of the entire ecosystem ...