India's semiconductor ecosystem has seen the rise of 100+ startups across the stages and in critical domains. Let's a closer look at the country's semiconductor services startup landscape

As per report, "The Rise Of India's Semiconductor Startups Report 2024" estimates that India's semiconductor market will reach $150 Bn by 2030, up from $33 Bn in 2023, witnessing an impressive CAGR of 24%.

A Q4 CY23 report by Zinnov-NASSCOM estimates 50K+ specialised workforce catering to more than 55 semiconductor GCCs (global capability centres) across the country, underlining there is no dearth of engineering talent in India.

Latest report also projects that the global Al semiconductor market will reach $190 Bn by 2030, with India poised to account for $21 Bn. This growth is attributed to the country's ambitious smart city projects, infrastructural development and the increasing popularity of Al-powered consumer devices like smart home appliances and gadgets.