India’s Semiconductor Market Projected to Grow Threefold to USD 200 billion by 2035: EY-IESA Report

New Delhi [India], September 21: India’s semiconductor market is projected to grow more than threefold from nearly USD 64 billion in 2026 to USD 200 billion by 2035, creating a significant opportunity to convert domestic demand into manufacturing, innovation and supply-chain resilience, according to EY–IESA report, Semicon India 2.0: From capacity creation to ecosystem leadership. The report was formally unveiled during the SEMICON India 2026 hi-profile event of the industry.