SEMICON India 2024
| Venue |
: India Expo Mart (IEML) Greater Noida, Delhi NCR India |
| Booth No | : H3R04 |
Forecasts predict that the Indian semiconductor market will reach over $55 billion by 2026, with demand largely driven by three sectors—smartphones and wearables, automotive components, and computing and data storage. With an anticipated market size of more than $100 billion and an additional 600,000 jobs by 2030, the Indian semiconductor ecosystem is poised to become an important contributor to global industry growth to $1 trillion by 2030.
Semiconductor industry powerhouses such as AMD, Applied Materials, Lam Research and Micron Technology have announced investments in the Indian semiconductor ecosystem, and other multinational giants are exploring semiconductor manufacturing opportunities. While India currently imports almost all its semiconductors, it has shown determination and progress to add semiconductor manufacturing and expand its ecosystem via the Indian Semiconductor Mission. A prime example of the manufacturing momentum – Micron recently began construction on its $2.75 billion assembly and test facility in Gujarat. This adds to India’s existing semiconductor engineering hub strength, accounting for around 20% of the world's semiconductor design workforce.
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https://semicon-india-2024.com
