New Delhi, April 15 -- India's semiconductor industry is poised for significant growth, with revenues expected to double from USD 54 billion in 2025 to USD 108 billion by 2030, according to a new report by UBS, a leading financial services firm.
The report highlights that India is well-positioned to benefit from the ongoing US-China tariff war. With global tech companies seeking alternatives to China for their supply chains, India is emerging as a promising destination, supported by favourable government policies and a strong talent pool.
UBS forecasts a 15 per cent compound annual growth rate (CAGR) for India's semiconductor market, outpacing global growth projections.
This surge is attributed to rising demand for electronics, increas...
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