India Semiconductor Market Size, Share, Industry Demand and Growth 2025-2033

India Semiconductor Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 12.45% (2025-2033)

The India semiconductor market is rapidly emerging as a key player in the global supply chain, driven by increasing demand, government initiatives, and growing investments in manufacturing and design capabilities. According to the latest report by IMARC Group, The India semiconductor market size reached USD 53.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 161.0 Billion by 2033, exhibiting a growth rate (CAGR) of 12.45% during 2025-2033.

India Semiconductor Industry Trends and Drivers:

The Indian semiconductor market is experiencing remarkable growth despite the speed bumps of COVID-19, with India's drive to self-sustainability and digital adoption contributing to new opportunities in the semiconductor industry. The government’s schemes, like PLI, are engaging domestic manufacturing and realizing global companies to open fabrication plants. The expansion of 5G, electric vehicles, and the growth of IoT devices are increasing demand for newer technologies, technologies that India’s electronics market are rapidly amplifying. Development of local capabilities is being realized by the partnerships forming with a wealth of global tech companies. Though India is a position to become a potential semiconductor hub, challenges still lie ahead in the market like access to expensive capital and elevated skill gaps; Continued investment in research and development and upskilling of the workforce will be needed to sustain the growth.

The semiconductor design ecosystem in India continues to flourish beyond manufacturing, with Bengaluru and Hyderabad both serving as global design hubs. Multinational corporations are also growing their R&D facilities in India due to India's large student and engineering talent pool. This is further supported by the government focused on establishing a complete supply chain system along care with essential legislation to reduce dependency on imports. Obviously the focus is extreme advanced technology applications around AI, quantum computing which opens the door to new innovations in the semiconductor space and for this technology to be explored through startups. Furthermore the shortages and disruption of global supply chains have coincided with India's importance through strategic partnerships and policy reforms to create a foundation for the long term, making it a significantly competitive environment in the functioning and governance of the global semiconductor supply chain.

Grab a sample PDF of this report: https://www.imarcgroup.com/india-semiconductor-market/requestsample

India Semiconductor Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Components:

• Memory Devices
• Logic Devices
• Analog IC
• MPU
• Discrete Power Devices
• MCU
• Sensors
• Others

Breakup by Material Used:

• Silicon Carbide
• Gallium Manganese Arsenide
• Copper Indium Gallium Selenide
• Molybdenum Disulfide
• Others

Breakup by End User:

• Automotive
• Industrial
• Data Center
• Telecommunication
• Consumer Electronics
• Aerospace and Defense
• Healthcare
• Others

Breakup by Region:

• South India
• North India
• West and Central India
• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: [email protected] 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145