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India’s Semicon Demand Likely To Cross $100 Bn By 2030: MeitY Secretary

  • India’s semiconductor demand is projected to reach $100-110 Bn by 2030.
  • The government plans to invest in five semiconductor companies, with the aim of increasing domestic production.
  • MeitY has established nano electronics centres to foster deep-tech developments and drive innovation in the semiconductor industry.
  • The launch of India Semiconductor Mission 2.0 and improved design-linked incentive schemes are part of the government's efforts to boost the semiconductor industry.

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