India Targets $500 Billion Electronics, Semiconductor Production by 2030

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Economy

30 July 2026 at 9:38 pm

India Targets $500 Billion Electronics, Semiconductor Production by 2030

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Summary

India is targeting a significant expansion in electronics and semiconductor manufacturing, aiming for an annual production of $500 billion by 2030 and $5.3-8 trillion by 2047, which DPIIT Secretary Amardeep Singh Bhatia states will unlock major manufacturing opportunities.

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