ENA Sectors 2025-08-04 17:49:53 <p><span style="font-size:14px"><strong>New Delhi, Aug 4 (KNN) </strong>India is positioning itself to become a major player in the global semiconductor industry, aiming to secure a significant portion of the projected $1 trillion market by 2030.</span></p> <p><span style="font-size:14px">Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, emphasised that this growth will not just come from manufacturing, but also from India's strength in chip design.</span></p> <p><span style="font-size:14px">Speaking at the IESA Vision Summit 2025 in Bengaluru, Chandrasekhar said that the government is focused on creating a vibrant semiconductor ecosystem.</span></p> <p><span style="font-size:14px">This includes developing skills, boosting innovation, and building capabilities in areas like compound semiconductors and advanced packaging.</span></p> <p><span style="font-size:14px">The minister highlighted that while many countries are investing in semiconductor manufacturing, few have India's combined advantage of talent, design expertise, and policy support.</span></p> <p><span style="font-size:14px">He stressed that India is ready to work closely with industry leaders to ensure sustained growth and competitiveness in the sector.</span></p> <p><span style="font-size:14px">The government has also launched the India Semiconductor Mission (ISM), which aims to attract major investments in semiconductor fabs, display fabs, and outsourced semiconductor assembly and testing (OSAT) facilities. This is expected to make India a global hub for semiconductors in the coming years.</span></p> <p><span style="font-size:14px">Chandrasekhar pointed out that semiconductor design talent in India already plays a crucial role in the global supply chain, with 20% of global chip design engineers being Indian.</span></p> <p><span style="font-size:14px">With the right infrastructure and ecosystem, he believes India can move from being a design powerhouse to a full-stack semiconductor hub.</span></p> <p><span style="font-size:14px">The minister also acknowledged the importance of public-private partnerships and reiterated the governments commitment to supporting innovation and growth in the tech sector.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43059 https://knnindia.co.in/news/newsdetails/sectors/india-to-capture-key-share-of-1-trillion-global-semiconductor-market-by-2030 2025-08-04 17:49:53 knnindia.co.in