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India's Semiconductor Demand to Hit $100-120 Billion by 2030: L&T CEO

The Business Guardian

|

September 02, 2025

India's semiconductor consumption is expected to scale to upwards of USD 120 billion market by 2030, a sizable increase from the current USD 24 billion offtake, Sandeep Kumar, CEO, L&T Semiconductor Technologies Ltd, and Chairman of the newly-formed Semiconductor Product Leadership Forum, said.

- TBG NETWORK

India's Semiconductor Demand to Hit $100-120 Billion by 2030: L&T CEO

"India doesn't manufacture semiconductors as of now. We definitely use it. We consume about USD 24 billion worth semiconductors and it is expected to rise to upwards of USD 100-120 billion by 2030. When India starts to produce those chips, our share will definitely rise," Sandeep Kumar told ANI.

India Cellular and Electronics Association (ICEA), the apex industry body representing the electronics and semiconductor sector, today announced the launch of ICEA Semiconductor Product Design Leadership Forum. This strategic platform is designed to position India as a global leader in semiconductor product design, IP creation, and high-value innovation.

"Making semiconductors need collaboration of multiple companies. This forum is to create an ecosystem so that we can create hundreds of these companies in India, enable the entrepreneurs and enable the bigger companies," the L&T official said.

The Business Guardian से और कहानियाँ

The Business Guardian

ASIAN LEADS AFFORDABLE FOOTWEAR

Asian Footwears, one of India's fastest-growing homegrown footwear brands, has announced a renewed strategic roadmap to lead the country's transition toward accessible, value-driven, and sustainably designed footwear.

time to read

1 min

November 30, 2025

The Business Guardian

The Business Guardian

Tariffs batter India's exports to US; GTRI suggests rolling out

India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank Global Trade Research Initiative (GTRI).

time to read

2 mins

November 30, 2025

The Business Guardian

The Business Guardian

FIN MIN ISSUES REVIEW OF MONTHLY ACCOUNTS

The Government of India's fiscal data for the current financial year up to October 2025 shows steady revenue collection and higher fund transfers to states, according to the latest figures released by the Ministry of Finance on Friday.

time to read

1 min

November 30, 2025

The Business Guardian

JIO CONTINUES STRONGEST GROWTH

Reliance Jio stayed at the front of India's telecom race in October 2025, adding more users than any other operator across major mobile and broadband categories, according to new data from the Telecom Regulatory Authority of India (TRAI).

time to read

1 min

November 30, 2025

The Business Guardian

The Business Guardian

India's economy will register robust FDI flow despite tariffs

In August 2025, India faced a setback as net Foreign Direct Investment (FDI) during the month fell 159% with more money leaving the country than entering.

time to read

3 mins

November 30, 2025

The Business Guardian

Deccan Gold Mines talking to Kabul to extract minerals

Deccan Gold Mines Ltd has entered into dialogues with potential partners in Kabul to tap into Afghanistan's mineral resources, including lithium, rare earth minerals, and gold, Managing Director Hanuma Prasad told ANI.

time to read

2 mins

November 30, 2025

The Business Guardian

The Business Guardian

COURT EXTENDS ANMOL BISHNOI'S NIA CUSTODY

A Delhi court on Saturday extended the NIA custody of deported gangster Anmol Bishnoi for seven more days.

time to read

1 min

November 30, 2025

The Business Guardian

The Business Guardian

Grime, grub and the great forgetting

Nainital was finally within reach. After months of Delhi's relentless clutter, I was quite desperate to step away-to unclog the lungs, unhook the mind, and remember what real air felt like.

time to read

4 mins

November 30, 2025

The Business Guardian

SC dismisses pre-arrest bail plea of Pinnelli brothers

The Supreme Court on Friday rejected the anticipatory bail pleas of Andhra-based former YSRCP (Yuvajana Shramika Rythu Congress Party) MLA Pinnelli Ramakrishna Reddy and his brother Venkatarami Reddy in the double-murder case of TDP (Telugu Desam Party) workers.

time to read

1 mins

November 30, 2025

The Business Guardian

The Business Guardian

VACCINES SAVE LIVES, PREVENT SUFFERING AND FINANCIAL LOSS

Smallpox in humans and Rinderpest in cattle and other livestock are viral diseases that have been completely eradicated by vaccines. Polio would have been eradicated if a few communities had not resisted vaccination due to misinformation.

time to read

5 mins

November 30, 2025

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