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1. India’s semiconductor market was valued at 38 billion dollars in 2023, rose to 45-50 billion dollars in 2024-25, and is projected to reach 100-110 billion dollars by 2030.

2. India Semiconductor Mission (ISM) was approved by the Union Cabinet in December 2021 with an outlay of 76,000 crore rupees to support fabrication, display manufacturing, and chip design initiatives.

1. ISM 2.0 in Budget 2026–27 prioritises domestic semiconductor equipment and materials, full-stack Indian semiconductor IP, and stronger supply chains, backed by ₹1,000 crore for FY 2026–27 allocation nationwide.

2. India’s semiconductor market is estimated at $38 billion in 2023, $45–$50 billion in 2024–25, and projected to reach $100–$110 billion by 2030, driven by demand across value chains.