The share of locally sourced semiconductor components in India's IT sector is expected to surge to 26 percent in 2026 from five percent in 2021. Semiconductor components sourcing is also estimated to grow in the industrial and automotive industries. Make in India and Production Linked Incentive Schemes are expected to give a boost to local sourcing in the coming years.
Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment
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Counterpoint Research. (August 16, 2022). Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/
Counterpoint Research. "Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment." Chart. August 16, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/
Counterpoint Research. (2022). Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/
Counterpoint Research. "Distribution of Locally Sourced Semiconductor Components in India in 2021 with Estimates for 2026, by Segment." Statista, Statista Inc., 16 Aug 2022, https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/
Counterpoint Research, Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment Statista, https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/ (last visited November 21, 2024)
Distribution of locally sourced semiconductor components in India in 2021 with estimates for 2026, by segment [Graph], Counterpoint Research, August 16, 2022. [Online]. Available: https://www.statista.com/statistics/1378650/india-locally-sourced-semiconductor-parts-by-segment/
