NEW DELHI, Aug 27 : India s semiconductor market is expected to cross the mark of USD 110 billion by 2030 as per the Ministry of Electronics and Information Technology (MeitY).
The optimism in the Indian semiconductor industry is due to robust support of Rs 76,000 cr under the India Semiconductor Mission (ISM).
The Ministry of Electronics and Information Technology posted on X: By 2030, India s semiconductor market is expected to exceed $110 billion.
With Rs 76,000 crore support under the India Semiconductor Mission, Bharat is building a world-class chip & display ecosystem to power the future, the post added.
India Semiconductor Mission (ISM) has been working as a nodal agency for the schemes approved under Semicon India Program.(UNI)
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