India’s semiconductor sector is set for significant expansion, with the potential to secure 8-10% of the worldwide market, which could amount to $40 billion by 2030.
Government initiatives have heightened interest and awareness in this field. Major opportunities exist in areas such as equipment, chemicals, gases, and services, with a strong demand for positions in processing equipment engineering, integrated circuit testing, and capacity planning.
To effectively integrate into the global supply chain, it is crucial to develop capital subsidies, enhance research and development, and improve skill sets, along with government support to facilitate exports.