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Global MNCs Eye JVs in India's Semiconductor Sector: Yes Securities
The Business Guardian
|September 06, 2025
Multinational companies from around the world are showing increasing interest in partnering with local firms through joint ventures (JVs) to begin operations in India's semiconductor industry, according to a report by Yes Securities, a subsidiary of Yes Bank, following its visit to Semicon India 2025.
"Companies like Kaynes have already started to work on advance packaging and there is also significant interest from MNC companies to scout for JV partners in India," the report added.
"Our visit to the SEMICON India 2025 has revealed a clear focus of the government on building supply chains for manufacturing for semiconductors and increasing the value addition," the report further added.
The report projects that India's domestic semiconductor market is projected to grow at a robust 13 percent compound annual growth rate (CAGR), reaching USD 100-110 billion by 2030, up from the current USD 45-50 billion. This surge is expected to be driven by proactive government policies, rising demand for electronics within the country, and increasing global efforts to diversify semiconductor supply chains, the report added.
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