India Semiconductor Market Research Report Forecast (2025-2030)

India Semiconductor Market Size & Insights

According to MarkNtel Advisors study The future of India Semiconductor Market size is valued at around USD 45 billion in 2025 and is projected to reach USD 100 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.05% during the forecast period, i.e., 2025-30. The India Semiconductor Market is often perceived to be on an unprecedented growth path, driven by the rising Indian EV semiconductor demand, government initiatives, technological acceleration, and domestic chip manufacturing in India.

What are the Key Driver in the India Semiconductor Market?

Rising Domestic Chip Manufacturing – The market growth is driven by the growing production of chips locally to avoid import dependence, which is increasing the demand for semiconductors, as these are an important raw material for the manufacturing of chips. For instance, in 2025, ISRO built India’s Vikram-32 chip microprocessor, which is highly energy efficient, with faster performance. Additionally, Tata Electronics (Assam) alone produced about 18 billion units of chips annually, which requires a substantial amount of semiconductors, thus boosting market size & volume.

Moreover, the Indian chip manufacturing market witnessed a significant expansion in the country, backed by the efforts of companies to increase their production capacity in different parts of the country. For instance, in 2025, ASIP Technologies (Andhra Pradesh) collaborated with APACT Co. Ltd. (South Korea) and plans to increase the annual production capacity to about 95 million units per year. Similarly, 3D Glass Solutions, Inc. (Orissa) partnered with tech giants of the US, including Intel, to establish an advanced facility for semiconductor packaging with an expected annual production capacity of 50 million units. Furthermore, Polymatech Electronics (2025) is establishing the Chhattisgarh semiconductor hub with a Gallium Nitride (GaN) chip fabrication unit, with an initial investment of about 130 million.  Such expansion is driving the market growth.

What are the Key Segments in the India Semiconductor Market?

The India Semiconductor is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

  • By Component
    • Memory Devices – Market Size & Forecast 2020-2030, USD Million
    • Logic Devices – Market Size & Forecast 2020-2030, USD Million
    • Analog IC – Market Size & Forecast 2020-2030, USD Million
    • MPU – Market Size & Forecast 2020-2030, USD Million
    • Discrete Power Devices – Market Size & Forecast 2020-2030, USD Million
    • MCU – Market Size & Forecast 2020-2030, USD Million
    • Sensors – Market Size & Forecast 2020-2030, USD Million
    • Others – Market Size & Forecast 2020-2030, USD Million
  • By Application
    • Networking & Communications – Market Size & Forecast 2020-2030, USD Million
      • Ethernet Controllers – Market Size & Forecast 2020-2030, USD Million
      • Adapters & Switches – Market Size & Forecast 2020-2030, USD Million
      • Routers & Others – Market Size & Forecast 2020-2030, USD Million
    • Data Processing – Market Size & Forecast 2020-2030, USD Million
    • Industrial – Market Size & Forecast 2020-2030, USD Million
      • Power Controls and Motor Drives – Market Size & Forecast 2020-2030, USD Million
      • Intelligent Systems – Market Size & Forecast 2020-2030, USD Million
      • Industrial Automation & Others – Market Size & Forecast 2020-2030, USD Million
    • Consumer Electronics – Market Size & Forecast 2020-2030, USD Million
      • Home Appliances – Market Size & Forecast 2020-2030, USD Million
      • Personal Devices – Market Size & Forecast 2020-2030, USD Million
      • Other devices – Market Size & Forecast 2020-2030, USD Million
    • Automotive – Market Size & Forecast 2020-2030, USD Million
      • Telematics & Infotainment – Market Size & Forecast 2020-2030, USD Million
      • Safety Electronics – Market Size & Forecast 2020-2030, USD Million
      • Chassis- Market Size & Forecast 2020-2030, USD Million
      • Powertrain – Market Size & Forecast 2020-2030, USD Million
      • Body Electronics – Market Size & Forecast 2020-2030, USD Million
    • Government – Market Size & Forecast 2020-2030, USD Million
  • By Equipment
    • Front-end Equipment – Market Size & Forecast 2020-2030, USD Million
    • Back-end Equipment – Market Size & Forecast 2020-2030, USD Million

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How does geographical analysis highlight in the India Semiconductor market?

  • By Region
    • North
    • East
    • West
    • South

Who are the Key Players in India Semiconductor Market?

  • Tata Elxsi
  • HCL Technologies
  • MosChip
  • Dixon Technologies
  • ASM Technologies Ltd.
  • Vedanta Limited
  • Applied Materials, Inc.
  • Bharat Electronics Limited
  • CG Power and Industrial Solution
  • MIC Electronics Ltd.
  • Aura Semiconductor

India Semiconductor Market News

2025: HCL Technologies and Foxconn got approval from the Indian government for a joint venture to establish a semiconductor manufacturing plant near Jewar Airport in Uttar Pradesh. The facility is designed to produce 36 million display driver chips per year and is expected to commence commercial production in 2027.

2025: Applied Materials Inc. announced plans to establish a semiconductor innovation hub in Bengaluru. The center aims to develop and commercialize technologies for semiconductor manufacturing equipment, with potential investments exceeding USD2 billion.

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Key pillars of the research methodology include:

  • Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
  • Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
  • Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
  • Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

“Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide,” said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

  • In-depth Market Analysis: Understand trends and dynamics shaping growth.
  • Segmented Insights: Target specific segments for focused strategies.
  • Geographical Performance: Assess market opportunities by geographic area.
  • Emerging Technologies: Discover advancements like AI integration.
  • Risk Identification: Pinpoint challenges to inform strategic planning.
  • Future Forecasts: Prepare for market changes with actionable projections.

Gain exclusive access to our comprehensive insights on the Future of India Semiconductor Market. With tailored licensing options, including Mini Report Pack, Excel Data Pack, Single User, Multiuser, and Enterprise Packs, our research empowers organizations to navigate dynamic market trends effectively.

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