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Semiconductors · India

India semiconductor demand could top $90 billion by 2030

23 sourcesUpdated 18 Sept 2026, 11:48 am Coverage regionsIndia · Global
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India's semiconductor demand is projected to rise from USD44 billion in 2025-26 to about USD90 billion by 2029-30.

The report was unveiled at Semicon India 2026 by KPMG in India with the India Deep Tech Alliance and Nishith Desai Associates.

It says mobile and wearables will be the largest segment, at about USD42.13 billion.

The report highlights government initiatives including Semicon 1.0 and 2.0 and the DLI Scheme.

Why it mattersThe report signals how quickly India’s chip market is expanding and what it could mean for manufacturing investment, supply chains, and policy support.
More context

It also argues for a dedicated trade secrets statute to protect confidential technical know-how.

The document maps out patent applications over the past decade and says there were about 78,000 published patent applications over that period to June 2026.

The report frames the opportunity around domestic manufacturing, design talent, and supply-chain resilience.

AGREEMENT VS DISAGREEMENT

What lines up. What splits.

A quick read on shared facts, changing details, and different emphasis.

What coverage agrees on

All three reports agree that India’s semiconductor demand is projected to cross about USD90 billion by 2029-30. They also agree the report was presented at Semicon India 2026 and links the outlook to policy, manufacturing, and legal protections.

What is changing or disputed

The forecast itself is a projection, so the final demand level could change as conditions evolve. The material also leaves open how far specific policy steps such as a trade secrets statute and the listed government initiatives will affect the outcome.

HOW COVERAGE DIFFERS

Same story. Different emphasis.

Swipe through the perspectives. Labels describe coverage framing, not truth or quality.

Neutral3

The supplied reporting is uniformly neutral in tone and describes a projected demand surge in India’s semiconductor market. It summarizes the report’s main figures, including the rise from USD44 billion in 2025-26 and the roughly USD42.13 billion mobile-and-wearables segment. It also notes the report’s references to government initiatives, patent applications, and legal safeguards.

STORY TIMELINE

How the coverage developed

The latest eight dated reports, from earliest to newest.

GO DEEPER

Read the reporting

Scan each source take, then open the original article.

kpmg.com Neutral framing Reported

India’s semiconductor opportunity

Quick source take

A report by KPMG in India projects that the countrys semiconductor demand will reach approximately USD90 billion by 2029-30, rising from USD44 billion in 2025-26. The publication highlights government initiatives like Semicon 1.0 and 2.0 alongside contributions from senior leadership figures at KPMG, detailing strategic approaches to foster domestic manufacturing, design talent, and supply-chain resilience.

ET Manufacturing Neutral framing Reported

India’s semiconductor demand to cross $90 billion by 2029-30: Report

Quick source take

A report released at Semicon India 2026 by KPMG in India in association with the India Deep Tech Alliance and Nishith Desai Associates states that India semiconductor demand will exceed $90 billion by 2029-30. The report notes that mobile and wearables will form the largest segment and highlights the need for a dedicated trade secrets statute to protect confidential technical know-how.

TimesTech Neutral framing Reported

India’s Semiconductor Opportunity Report Unveiled at SEMICON India 2026

Quick source take

The report titled Indias Semiconductor Opportunity was unveiled at SEMICON India 2026 by KPMG in India alongside the India Deep Tech Alliance and Nishith Desai Associates. The document details that semiconductor demand is expected to climb to USD 90 billion by 2029-30, maps out patent applications over the past decade, and emphasizes the necessity of establishing a legal framework for trade secrets.