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India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: Report

India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: Report

Home/News/India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: Report

India's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent and taking the country's share of global semiconductor consumption to roughly 9 per cent by 2031, according to a report by Kotak Mahindra Mutual Fund.

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