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Semiconductor
India's semiconductor market is projected to nearly triple to USD 120 billion by 2030 and reach USD 300 billion by 2035, driven by the exponential adoption of artificial intelligence (AI), automotive growth, and data centre expansion, according to a report by Deloitte. India, which currently imports over 90 per cent of its semiconductor needs, is poised for a structural shift as local production is expected to meet more than 60 per cent of domestic demand by the end of 2035, the report titled 'Technology, Media, and Telecommunications Predictions 2026' said. "India's semiconductor market is estimated at USD 4550 billion in FY202425 and has been growing at a CAGR of 20 per cent over the past three years. The market is predicted to reach USD 120 billion by 2030 and USD 300 billion by 2035, driven by AI, automotives, data centres, and electronics manufacturing. "By 2035, India is expected to host 45 silicon fabs, 810 compound fabs, 12 display fabs and 2025 OSAT facilities, supported by
Prioritising talent development under the Government of India's Semiconductor Mission, Union Minister for Railways and Electronics & IT, Ashwini Vaishnaw, stated that India has achieved its 10-year target of training 85,000 engineers in semiconductor design in just 4 years.The Minister on Monday informed that world-class Electronic Design Automation (EDA) tools, Cadence, Synopsys, and Siemens, have been made available in 315 universities across the country, and with the help of these tools, students are designing actual semiconductor chips, according to a release.These chips are being fabricated and tested at the Semiconductor Laboratory (SCL) in Mohali, giving students hands-on experience across the entire process from design to manufacturing and validation, he said.Vaishnaw further stated that students from universities across the nation, from Assam to Gujarat and from Kashmir to Kanyakumari, are actively engaging in semiconductor design. This marks a significant milestone ...
Union Minister Ashwini Vaishnaw on Sunday said the Centre's Semicon Mission 2.0 will focus on bolstering deep tech startups, prioritising the creation of a design ecosystem and getting equipment manufacturing and design facilities in the country. Addressing the inaugural session of the Gujarat Semiconnect Conference 2026 here, the Union Minister for Electronics & Information Technology said that a talent gap of 20 lakh in the semiconductor sector will create huge opportunities for students. "Semicon 2.0 will be totally the reverse of Semicon 1.0, which focused on getting manufacturing facilities in India. We got that. We have 10 plants, with the first starting commercial production yesterday. Very soon, the second plant will start commercial production," he said. Vaishnaw said that the top priority for Semicon 2.0 - the second phase of India's Semiconductor Mission - will be to create a "design ecosystem", so that deep tech startups get the opportunity to develop the next ...
Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10 per cent stake of the chip company. Meta will buy AMD's latest chips, the MI450, to help power data centres. The 6-gigawatt agreement will see shipments supporting the first gigawatt deployment set to start during the second half of this year. The agreement could potentially be worth more than USD 100 billion. Shares of AMD jumped more than 9 per cent before the market opened on Tuesday. The companies said that AMD issued Meta a performance-based warrant for up to 160 million shares of its common stock at USD 0.01 a piece, structured to vest as long as certain milestones are achieved. The first tranche vests with the initial 1-gigawatt of shipments, with additional tranches vesting as Meta's purchases scale to 6 gigawatts. News of the AMD deal comes just days after Meta announced a long-term partnership where it will us
The foundation of developed India will be laid on the basis of self-reliance for which having chips made in India is very important, Prime Minister Narendra Modi said on Saturday. In a virtual address to lay the foundation stone of India Chip Pvt Ltd -- the HCL Group and Foxconn JV -- Modi said a weak supply chain of tiny chips during the Covid-19 pandemic halted development of several economies and stopped work at various factories. "Developed India will be built only when India is self-reliant. For this, Made in India chip is very important. Whatever India is doing in the field of technology in this decade, it will become foundation of our capability in the 21st century," Modi said. The India Chip Pvt Ltd -- the HCL Group and Foxconn joint venture for Outsourced Semiconductor Assembly & Test (OSAT) facility -- will come up in the Yamuna Expressway Industrial Development Authority (YEIDA) at Jewar, Greater Noida. India Chip Pvt Ltd is a 60:40 joint venture between HCL Group and ..