Monday, 24 August, 2026
India’s Silicon Surge: Semiconductor Market Poised to Hit $155 Billion by 2031
By TechShots Studio
Driven by skyrocketing demand for 5G services and electric vehicles, India’s semiconductor market is projected to reach $155 billion by CY31. This expansion will elevate India’s share of global chip consumption to nearly 9%. Supported by strong chip design capabilities, government initiatives, and heavy manufacturing investments, the nation is solidifying its footprint, though it currently relies on imports across several critical categories.
Read full story at CIO ECONOMIC TIMES