India’s semiconductor industry will be $ 108 billion by 2030, US-China trade war will benefit: report
India’s semiconductor industry: According to a report by Financial Service, UPS is estimated to be $ 108 billion from $ 54 billion to $ 54 billion.
India can benefit from the US-China fee war
The report believed that India would benefit from the US-China fee war and that the Chinese economy would be damaged on the other hand. In addition, India will emerge as a strong option for global famous companies who want to establish a distribution chain.
Localization provides a great opportunity
The report said that there would be strong growth in the market of the semiconductor in India and localization is a major opportunity. The UPS said the Joint Annual Growth Rate for the Indian Secondary Industry (CAGR) estimates our forecast for the global semiconductor and market, which the debt goes to India’s favorable population, causing the need for electronic demand to strengthen and improve quickly. Government policy is favorable.
India’s role in global scaling skills is very low
India has only 0.1 percent of the global scaly capability, the report said. At the same time, about 1 percent of the country’s annual equipment costs and 6.5 percent of the semiconductor demand. Amidst the uncertainty launched by the Donald Trump administration in the United States, major technical companies evaluate the replacement of their distribution chains.
The report states that some companies have begun working in the last assembly seats beyond China in their “China Plus One” strategy. Since global companies are looking for India as an alternative compared to China, India can benefit from this.
India is creating a big market for semiconductor
India has reported that India is the largest market for the global semiconductor, which is estimated to be $ 54 billion by 2025.
Input-Inns
Country and the world’s latest news (There is no message) Read more in Hindi, all the big messages Times now Navbarath Live TV But. Technical and gadgets (Technical-Gadgets News) Updates and elections (Elections) The Times is now related to the latest news.
