Boosting India's Semiconductor Ecosystem: Harnessing Economic Gains & Moving towards Self-reliance - By Ranjeet Shah

Semiconductors—the tiny chips powering modern electronics—have enabled breathtaking innovation in virtually all areas of society, fundamentally shifting the boundary between the possible and the impossible. They have fostered breakthrough technologies in recent years, like artificial intelligence and machine learning completely changing the way we live and work.

A recent Deloitte report estimates the Indian semiconductor market to reach US$55 billion by 2026, with over 60 per cent of the market driven by the smartphones and wearables, automotive components, and computing and data storage industries.

Even the Ministry of Electronics & Information Technology (MeitY) has said that India’s smartphone exports will touch US$9.5 ....

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