India’s semiconductor market expected to triple to $100 billion by 2032: Report

New Delhi [India], August 18 (ANI): With about 60 per cent of semiconductor output by the Asia-Pacific region, which continues to dominate global production, India is fast emerging as a key player. The country’s semiconductor market, valued at USD 34.3 billion in 2023, is expected to triple to USD 100.2 billion by 2032, registering a CAGR of 20 per cent.