New Delhi, Sept. 19 -- India's semiconductor demand is projected to more than double from around USD 44 billion in 2025-26 to USD 90 billion by 2029-30, driven by growth in electronics manufacturing and digital infrastructure, the expansion of artificial intelligence, and rising semiconductor intensity across automobiles and industrial systems, KPMG said in a report.

The report, titled 'India's Semiconductor Opportunity: Building a Globally Competitive Ecosystem', was released by KPMG in India in association with the India Deep Tech Alliance (IDTA) and Nishith Desai Associates (NDA) at SEMICON India 2026 on Friday.

Mobile, Wearables to Lead Demand

Mobile phones and wearables are projected to account for the largest share of semiconduct...