Story perspectives
India's Semiconductor Boom: $110 Billion by 2030
11/6/2025
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Story summary
- The Indian semiconductor market is projected to grow from $38 billion in 2023 to $100–110 billion by 2030.
- CG Power launched India's first Outsourced Semiconductor Assembly and Test facility in Gujarat, investing Rs 76 billion.
- Kaynes Technology is establishing a semiconductor unit in Sanand with a Rs 33 billion investment.
- Both CG Power and Kaynes Technology reported significant Q2 FY26 sales growth amid a sector-wide global selloff.
