India’s semiconductor demand, currently at $45-50 billion, is projected to increase to touch $100-110 billion by 2030, according to S. Krishnan, Secretary, MeitY.

Speaking at the Nano Electronics Roadshow in Bengaluru, Krishnan emphasised the role of MeitY’s Nano Centers in fostering innovation and talent development to build a semiconductor-ready workforce of 85,000 professionals.

“With nearly 70-75 per cent of investments in major semiconductor facilities coming from taxpayer money, every Indian is a stakeholder in this mission,“ he remarked.

Echoing this, Abhishek Singh, Additional Secretary, MeitY, stated, “Under the India AI mission, through the INUP program and other initiatives, start-ups, entrepreneurs, and researchers are solving real-world problems, positioning India at the forefront of cutting-edge technology. With the pioneering efforts of institutions like IISc, IIT Bombay, IIT Delhi, and others, we are building an ecosystem to ensure India remains a leader in this revolution.”

100 intellectual properties

The roadshow showcased over 100 intellectual properties (IPs), beyond 50 groundbreaking technologies, and the innovation of more than 35 start-ups.

During the event, four MoUs signed between the academia todrive partnerships and technological advancements. These included agreements between- IISc with KAS Technologies and Antigone Solutions Private Limited, Center for Nano Science and Engineering with India Electronics & Semiconductor Association (IESA), and Madnani Chemdist Novatech LLP with Primary Healthtech Private Limited.

Published on March 27, 2025