New Delhi, Sept. 26 -- India's semiconductor ecosystem is likely to move through project commissioning, customer qualification and yield stabilisation over the next three to five years, with localisation of recurring inputs and higher-value packaging expected to follow, according to a research report by 360 ONE Capital.

The brokerage said near-term earnings opportunities are likely to emerge across construction, utilities, electronics manufacturing, components, engineering, automation and equipment support before direct fab and OSAT economics become more visible.

India's semiconductor demand is projected to rise from about USD 56 billion in 2025 to more than USD 117 billion by 2030, implying a roughly 16 per cent CAGR. Twelve approved p...