New Delhi, April 2 -- India's semiconductor market is set to reach over USD 150 billion , with AI semiconductor will present over USD 21 billion market opportunity by 2030, according to a report by Basic Roots Consulting.

The report added that two third of Indian semiconductor startups operate out of Bengaluru while the half of the semiconductor manufacturing cost setup to be fulfilled by the central government.

India has over 100 semiconductor startups operating in the country while 20 per cent of global semiconductor integrated circuit design workforce is from India.

As per the report, accelerating demand for electronics and semiconductors in India is driven by rising incomes, increasing digital adoption, and a large domestic market ...