India’s semiconductor market is booming fast, hitting $54.3 billion in 2025 and projected to double to $103.5 billion by 2030. That’s a strong 13.8% compound annual growth rate (CAGR), beating global averages, according to a new report from workforce solutions firm Quess Corp.
Right now, most of this growth comes from everyday gadgets like smartphones, laptops, and industrial systems, which account for about 70% of the market. But exciting changes are on the horizon. With electric vehicles (EVs) gaining popularity, 5G networks rolling out across the country, and data centers popping up everywhere, demand for advanced chips is exploding. Hyperscale data center capacity could jump by over 75% by 2030, and EVs might make up nearly a third of new vehicles sold.
The government is stepping up big time through the India Semiconductor Mission (ISM). It’s backing projects worth Rs 1.6 lakh crore and creating around 29,000 new jobs to build homegrown skills in semiconductor manufacturing. Investments like Micron’s advanced packaging and testing (ATMP) plant in Gujarat are adding real muscle. Plus, states like Tamil Nadu, Kerala, and Gujarat are turning smaller cities into key hubs for the industry.
“This is a game-changing decade for India’s semiconductor sector,” says Kapil Joshi, CEO of IT Staffing at Quess Corp. “With the government speeding up approvals for ISM 2.0—expected to top $10 billion—opportunities are huge, but we need to focus on training talent too.” Joshi points out how demand is surging from consumer devices to EVs and data centers, positioning India as a vital link in global supply chains. What sets India apart? It’s blending massive scale with cutting-edge tech skills.
India’s global capability centers (GCCs) in semiconductors aren’t just support roles anymore. Nearly half of new chip projects now feature AI accelerators, and one-third of verification teams use machine learning. Local engineers are leading the charge in innovative areas like multi-die integration, AI-assisted chip design, TinyML for tiny devices, and AI-driven timing tools. This makes India a hotspot for testing AI-first workflows that big global companies are starting to follow.
The country already boasts over 250,000 semiconductor professionals, with 43,000 fresh jobs added in 2024-25. By 2030, this talent pool could swell by more than 120% to nearly 400,000, making India the world’s second-largest hub after the US. These experts cover everything from chip design and embedded systems to electronic design automation (EDA) tools and ATMP manufacturing—proving India is mastering the full semiconductor value chain.
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