India’s semiconductor demand to see 15% CAGR, hit $108 billion by 2030: UBS report

The Indian semiconductor industry’s end-demand revenues will double from 2025 to 2030, growing from $54 billion to $108 billion, according to a report by financial services firm UBS. The report anticipates that the revenue from the localization opportunities will stay around 13 billion in revenues by 2030.

“We expect its semiconductor end-demand revenues to double from 2025 to 2030, growing from $54 billion to $108 billion. So we see strong growth ahead for the Indian market, including a localization opportunity where we anticipate $13 billion in revenues in 2030,” the UBS report added.