
India Semiconductor Market Outlook - By Component (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, Others), By Application (Networking & Communications [Ethernet C... ... ications [Ethernet Controllers, Adapters & Switches, Routers & Others], Data Processing, Industrial [Power Controls and Motor Drives, Intelligent Systems, Industrial Automation & Others], Consumer Electronics [Home Appliances, Personal Devices, Other devices], Automotive [Telematics & Infotainment, Safety Electronics, Chassis, Powertrain, Body Electronics], Government), By Equipment (Front-end Equipment, Back-end Equipment) and Others, Read more
- ICT & Electronics
- Sep 2025
- 130
- PDF, Excel, PPT
Market Definition
The semiconductor is a material that possesses conductivity between a conductor and an insulator. Such materials, mostly silicon, are used in electronics to control electrical flow in devices such as chips and transistors.
Market Insights & Analysis: India Semiconductor Market (2025-30):
The 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. The government's PLI Scheme, pressed into existence for the promotion of local manufacturing of semiconductors, has been a major impetus. This initiative aims to reduce India's dependence on semiconductor imports, with the government committing substantial financial support to attract investments in fabrication plants and R&D. A key part of this effort is India’s chip design and production initiatives, where global and domestic firms are investing in chip design, R&D, and integrated production capabilities. This has resulted in high exports from India. For instance, the semiconductor exports from India (2025) are projected to generate more than USD20 billion.
Moreover, in February 2024, the Government of India approved a proposal from Tata Electronics to build a mega semiconductor fabrication facility in Dholera, Gujarat, with PSMC. Construction of the fab shall commence later this year with an investment totaling up to USD11 billion. Additionally, the rising middle class in India, with its growing number of affordable smartphones, smart devices, and consumer electronics, is driving semiconductor consumption. Besides that, the growth in electric vehicles is a conspicuous trend as India's EV market is expected to grow at over 50% CAGR by 2030. This implies soaring demand for EV batteries and semiconductor components involved in managing power systems, charging infrastructure, and vehicle automation.
India Semiconductor Market Scope:
Category | Segments |
---|---|
By Component | Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, Others |
By Application | Networking & Communications [Ethernet Controllers, Adapters & Switches, Routers & Others], Data Processing, Industrial [Power Controls and Motor Drives, Intelligent Systems, Industrial Automation & Others], Consumer Electronics [Home Appliances, Personal Devices, Other devices], Automotive [Telematics & Infotainment, Safety Electronics, Chassis, Powertrain, Body Electronics], Government |
By Equipment | (Front-end Equipment, Back-end Equipment) and Others, |
Additionally, the expansion of edge computing and 5G infrastructure has greatly enhanced the demand for advanced semiconductor technologies. The demand for high-performance chips, increased by 5G, is likely to enhance seamless connectivity, enable reduced latency, and enhance faster data processing, which is beneficial for the Indian Semiconductor Industry. Moreover, as AI and machine learning technologies gain traction in healthcare and automotive applications, suppliers of semiconductor solutions will see huge market opportunities.
The other fastest-rising trend is the partnership with an established international leader in semiconductors to channel investment, expertise, and cutting-edge technology into India's notional semiconductor ecosystem. The community of several companies in semiconductor design and innovation is facing competition. For instance, SiFive and Western Digital are building custom processors on the RISC-V model for many sectors, including embedded systems, AI, and data storage. This ecosystem transformation allows India to become a leading player in the Global Semiconductor Industry.
India Semiconductor Market Driver:
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.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- India Semiconductor Market Trends & Development
- India Semiconductor Market Dynamics
- Drivers
- Challenges
- India Semiconductor Market Hotspot & Opportunities
- India Semiconductor Market Policies & Regulations
- India Semiconductor Market Pricing Analysis, 2020-2025
- India Semiconductor Market Supply Chain Analysis
- India Semiconductor Market Analysis, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- Market Share & Analysis
- 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
- Networking & Communications - 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
- By Region
- North - Market Size & Forecast 2020-2030F, USD Million
- East - Market Size & Forecast 2020-2030F, USD Million
- West - Market Size & Forecast 2020-2030F, USD Million
- South - Market Size & Forecast 2020-2030F, USD Million
- By Company
- Competition characteristics
- Market Share Analysis
- By Component
- Market Size & Analysis
- India Front-end Equipment Semiconductor Market Analysis, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- Market Share & Analysis
- By Component - Market Size & Forecast, 2020-2030 USD Million
- By Application - Market Size & Forecast, 2020-2030 USD Million
- Market Size & Analysis
- India Back-end Equipment Semiconductor Market Analysis, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- Market Share & Analysis
- By Component - Market Size & Forecast, 2020-2030 USD Million
- By Application - Market Size & Forecast, 2020-2030 USD Million
- Market Size & Analysis
- India Semiconductor Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Tata Elxsi
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- HCL Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MosChip
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Dixon Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ASM Technologies Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Vedanta Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Applied Materials, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Bharat Electronics Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- CG Power and Industrial Solution
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MIC Electronics Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Aura Semiconductor
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Tata Elxsi
- Company Profiles
- Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making