India’s semiconductor market projected to reach USD 200 bn by 2035: EY-IESA report

Indias semiconductor market is projected to reach USD 200 billion by 2035 from around USD 64 billion in 2026 as the country moves beyond building manufacturing capacity towards developing an integrated semiconductor ecosystem according to a report by EY and the India Electronics and Semiconductor Association IESA The report said Indias semiconductor market has grown from approximately USD 27 billion in 2021 to around USD 64 billion in 2026 The expansion coupled with global supply-chain realignme