· Semiconductor & Electronics · Source: economictimes.indiatimes.com

Indian engineering services firms' semicon outsourcing market share set to double

Indian engineering service providers are set to double their share of the global semiconductor outsourcing market by 2030, driven by soaring demand for AI, autonomous systems, and next-gen hardware. According to NEOVAY Global, India’s earnings may rise from $1.4 billion in 2025 to $3–3.5 billion by 2030, as chipmakers boost R&D spending and outsourcing needs.

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