India’s semiconductor demand to see 15% CAGR, hitting $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 further anticipates that the revenue from the localisation 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 market, including a localisation opportunity where we anticipate $13 billion in…