India’s semiconductor market, currently valued at $23.2 billion, is poised for significant expansion, projected to reach $80.3 billion by 2028 with a remarkable CAGR of 17.10%. In the rapidly evolving landscape of technological progress, the semiconductor industry stands out as a crucial driver of national and global growth. Through the course of this whitepaper, we will uncover different facets of India’s growth as a semiconductor hub, the unique opportunities and challenges, diverse government and industry incentives as well as the way forward as the country carves its way to realize its semiconductor dream.
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