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Key Points

India's semiconductor sector is experiencing what SEMI President Ajit Manocha calls "unprecedented exponential growth." The country achieved in just two years what took the US 14 years and China 13 years to reach 1,300 exhibitor booths. This rapid expansion is driven by strong ecosystem development and unique geopolitical advantages. With the global semiconductor market projected to double to $1.3 trillion within seven years, India is positioning itself as a major hub in this critical industry.

Key Points: SEMI President Ajit Manocha Declares India Semiconductor Growth Unprecedented

  • India's semiconductor industry achieves historic milestone with rapid growth pace
  • SEMICON India exhibitors nearly doubled from 650 to 1,300 in one year
  • Growth attributed to strong ecosystem building and geopolitical advantages
  • Global semiconductor industry projected to double to $1.3 trillion in 7 years
2 min read

India's semiconductor sector achieves unprecedented exponential growth: SEMI President Ajit Manocha

SEMI President Ajit Manocha says India's semiconductor sector shows "unprecedented exponential growth," doubling exhibitors in 2 years compared to US and China's 13+ years.

"It took the Semicon in the US 14 years to come to the 1,300 mark level. And it took China 13 years. India, in two years, we are at 1,300 booths. - Ajit Manocha"

New Delhi, September 2

India's semiconductor industry has reached a historic milestone, recording a pace of growth never seen before. Speaking during the opening ceremony of SEMICON India 2025 on Tuesday, Ajit Manocha, President and CEO of Semiconductor Equipment and Materials International (SEMI), described the moment as both "exponential" and "unprecedented," underlining the country's rapid rise in the global semiconductor landscape.

Manocha recalled his remarks from the Noida event a year ago, when he first introduced the concept of exponential growth inspired by Prime Minister Narendra Modi's reference to Moore's Law. This year, Manocha added a new dimension to the narrative, introducing the word "unprecedented" to capture the scale and speed of progress. "Continue the path of unprecedented exponential growth in India and in the industry," he urged, underscoring India's role as a semiconductor hub.

He highlighted that while exponential growth was already visible in industry projections, the unique geopolitical challenges of today make India's rise stand out. "What is unprecedented is the geopolitical issues. They are so different... but we cannot be bogged down by any of those issues, and we need to keep going on this financial path in an unprecedented way," he said.

Manocha highlighted ecosystem building as a key factor behind India's surge. He emphasized that without a robust ecosystem, companies would be hesitant to bring major projects to the country. SEMICON, he noted, has been instrumental in enabling such ecosystems worldwide, and India is no exception. The results are visible in the numbers: last year, SEMICON India hosted around 650 exhibitor booths; this year, the figure nearly doubled to 1,300, with participation from 48 countries.

The pace is striking when compared to global peers. "It took the Semicon in the US 14 years to come to the 1,300 mark level. And it took China 13 years. India, in two years, we are at 1,300 booths. That is unprecedented exponential growth," Manocha said.

Looking ahead, Manocha emphasized that semiconductors are "foundational to humanity" and that India must stay committed to growth while also building supply chain resilience. With the global semiconductor industry projected to double to USD 1.3 trillion within the next seven years, and potentially surpass USD 2 trillion in the next 15, he said the country has both the opportunity and responsibility to remain on track.

- ANI

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Reader Comments

S
Sarah B
As someone working in tech, I've seen this transformation firsthand. The semiconductor ecosystem development is creating so many job opportunities for engineers. Really promising for our youth!
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Priya S
While the numbers look impressive, I hope this growth is sustainable and benefits local manufacturers too, not just foreign companies. We need to build our own capabilities, not just be an assembly hub.
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Arjun K
Comparing 2 years vs US's 14 years and China's 13 years - that's mind-blowing! This is exactly the kind of technological self-reliance we need. Jai Hind! 🙌
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Michael C
The geopolitical angle is crucial. With global supply chain uncertainties, India's semiconductor growth couldn't have come at a better time. This strengthens our national security too.
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Kavya N
Hope this growth translates to affordable electronics for common people. Semiconductor independence should mean cheaper phones and laptops for students and middle-class families.

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