Thursday, April 17, 2025

Creating liberating content

NEW DELHI: A Dawoodi Bohra community delegation met Prime Minister

Rohit Sharma honoured with special IPL recognition (Screengrab) NEW DELHI:

Karun and Sanaya’s love story blossomed over time and is

MUMBAI: Nothing Before Coffee (NBC), has raised $2.3 million in

Related News

NEW DELHI: A Dawoodi Bohra community delegation met Prime Minister Narendra Modi on Thursday and thanked him for the newly passed Waqf (Amendment) Act, 2025, describing the law as their

Rohit Sharma honoured with special IPL recognition (Screengrab) NEW DELHI: Following in the footsteps of Virat Kohli, Mumbai Indians legend Rohit Sharma was felicitated with a special IPL memento for

Karun and Sanaya’s love story blossomed over time and is marked by mutual respect and deep affection. The couple got engaged on June 29, 2019, in a close-knit ceremony, surrounded

MUMBAI: Nothing Before Coffee (NBC), has raised $2.3 million in a Pre-Series A funding round, led by Prath Ventures. The round also saw participation from SYL Investments.The funds will be

UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and

Former Spanish tennis player Rafael Nadal smiles during a tribute to his career in Madrid, Spain. AP/PTI The French Open will honor retired tennis legend Rafael Nadal with a special

Trending News

UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and

US President Donald Trump on Thursday slammed Federal Reserve Chairman Jerome Powell, saying his “termination cannot come fast enough” after Powell warned that “tariffs likely to generate inflation.”“The ECB is

B V R Subrahmanyam (File photo) NEW DELHI: India is set to leapfrog Germany and Japan to become the world’s third-largest economy in just three years, according to NITI Aayog

MUMBAI: The actions of two promoters of once high-flying Gensol Engineering is a case study in complete disregard for laid down corporate governance norms. Their deeds included illegal fund diversion

NEW DELHI: Being bullish on growth in infrastructure development and the automobile sector, the ArcelorMittal Nippon Steel (AM-NS) joint venture will invest $30 billion (around Rs 2.6 lakh crore) in

NEW DELHI: ArcelorMittal Nippon Steel (AM-NS) on Wednesday said steel prices are likely to go up as companies are facing pressure on margins with prices at four-year lows.“These are not

Indian semiconductor market to double by 2030, hitting $108 billion: UBS report

Word Count: 571 | Estimated Reading Time: 3 minutes


Indian semiconductor market to double by 2030, hitting $108 billion: UBS report

India’s semiconductor industry is set to undergo rapid growth, with end-demand revenues expected to double from $54 billion in 2025 to $108 billion by 2030, a new report by financial services firm UBS revealed.
The report projected that the country’s semiconductor market will grow at a 15 per cent compound annual growth rate (CAGR) over the five-year period. This growth pace, driven by India’s young population, increasing use of advanced chips by businesses, and supportive government policies, is faster than the global average.
The UBS report, quoted by ANI, also highlighted that localisation efforts will play a key role, contributing around $13 billion in revenues by 2030.
At present, India holds just 0.1 per cent of global wafer capacity, spends about 1 per cent on semiconductor equipment annually, and accounts for 6.5 per cent of global semiconductor demand. Despite these modest figures, India is becoming a crucial end market with strong future potential.
The report further pointed out that multinational companies are rethinking their supply chains due to tariff uncertainties, with some already moving final assembly operations out of China under a “China plus one” strategy.
While China leads in tech manufacturing, India’s strength lies in its large pool of software and services talent. In semiconductors too, India stands out with almost 20 per cent of the world’s chip designers work in India for global firms.
Although the US and China remain the biggest markets for semiconductors, India’s $54 billion demand in 2025 reflected its growing importance in the global semiconductor ecosystem.





Source link

Most Popular Articles