The demand for semiconductor chips in India is set to undergo a dramatic shift, with 60 per cent of it, in value terms, expected to come from chips smaller than 10 nanometre (nm) by 2032. This insight comes from a forthcoming report by the Indian Electronics & Semiconductor Association (IESA), which will be released soon in collaboration with the government.
Currently, 10 nm chips represent only 24-25 per cent of India’s $40 billion semiconductor market. By 2030, the semiconductor chip demand in India is projected to exceed $100 billion, says the report.
Ashok Chandak, president of IESA, explains the
