Business
Semiconductor push: India hosts 20% of world’s chip design engineers; consumption set to cross $120 billion by 2030 – The Times of India
India accounts for around 20 per cent of the world’s chip design engineers, placing it as a key player in the global semiconductor design ecosystem, according to a report by Bastion Research.According to news agency ANI, the report underlined India’s strong position in the global semiconductor chain, noting, “India is already an important piece in the global semiconductor design. You may be surprised to know that approximately 20 per cent of the world’s chip design engineers are based here.”Global technology leaders, including Qualcomm, Intel, Nvidia, Broadcom, and MediaTek have set up large R&D and design centres across Bengaluru, Hyderabad, and Noida. This strong presence has enabled India to emerge as one of the world’s leading hubs for chip design, as per ANI.Explaining the division of work worldwide, the report said engineers in the United States define the high-level chip architecture, such as deciding the type of chip, its end use, features, and launch strategy. Indian engineering teams, by contrast, take on the critical execution work — translating architecture into logic, simulating and testing chips, optimising performance, writing drivers and firmware, and fine-tuning electronic design automation tools. The report stressed this was not a “boss versus worker” setup but rather complementary roles between US and Indian teams.The Bastion Research findings also noted India’s policy push to strengthen its semiconductor ecosystem. The government launched the Semicon India Programme in 2021 with incentives worth around Rs 76,000 crore to attract global manufacturers.India’s semiconductor consumption is projected to rise sharply. “We consume about $24 billion worth semiconductors and it is expected to rise to upwards of $100-120 billion by 2030. When India starts to produce those chips, our share will definitely rise,” Sandeep Kumar, CEO of L&T Semiconductor Technologies and chairman of the Semiconductor Product Leadership Forum, was quoted as saying by ANI.The Forum, launched by the India Cellular and Electronics Association (ICEA), aims to build an ecosystem for product design, IP creation, and high-value innovation. It is targeting the launch of around 100 new companies by 2035, expected to absorb nearly five lakh workers, including a large number of engineers.Meanwhile, India recently rolled out its first domestically produced chip at CG Semi’s Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. Union IT minister Ashwini Vaishnaw, who inaugurated the facility last week, said Prime Minister Narendra Modi will “soon” dedicate the country’s first chip produced there.The government has so far approved 10 semiconductor manufacturing projects worth over Rs 1.60 lakh crore across six states. Work is also underway on Semicon 2.0, the next phase of India’s semiconductor mission.
Last Updated:
“Amazon to date has invested USD 40 billion in India since 2010. Now we will invest another USD 35 billion by 2030 across all our businesses in India,” Agarwal said.
Amazon To Invest USD 35 Bn In India By 2030 With Focus On AI-Driven Digitalisation
E-commerce giant Amazon is set to invest a mega-investment of USD 35 billion, over Rs 3.14 lakh crore, in India by 2030 across its businesses with a focus on AI-driven digitisation, export growth and job creation, a senior company official said on Wednesday.
Senior VP Emerging Markets, Amit Agarwal, made the announcement during the Amazon Smbhav Summit, saying the company has set a target to quadruple exports from India to USD 80 billion from about USD 20 billion.
“Amazon to date has invested USD 40 billion in India since 2010. Now we will invest another USD 35 billion by 2030 across all our businesses in India,” Agarwal said.
Amazon’s investment plan is two times of Microsoft’s investment plan of USD 17.5 billion and close to 2.3 times that of Google’s USD 15 billion investment plan by 2030.
With this investment, Amazon will become the largest foreign investor in India, according to a Keystone report compiled from publicly available data.
In May 2023, Amazon announced plans to invest USD 12.7 billion in India by 2030 into its local cloud and AI infrastructure across Telangana and Maharashtra. The company has already invested USD 3.7 billion in India between 2016 and 2022.
The company has invested at scale towards building physical and digital infrastructure, including fulfilment centres, transportation networks, data centres, digital payments infrastructure and technology development.
According to the Keystone report, Amazon has digitized over 12 million small businesses and enabled USD 20 billion in cumulative ecommerce exports, while supporting approximately 2.8 million direct, indirect, induced and seasonal jobs across industries in India in 2024.
(With inputs from agencies)
Click here to add News18 as your preferred news source on Google. December 10, 2025, 10:58 IST
Read More
Business
Stock market today: Nifty50 opens above 25,850; BSE Sensex up over 100 points – The Times of India
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,850, BSE Sensex was up over 100 points. At 9:17 AM, Nifty50 was trading at 25,865.25, up 26 points or 0.099%. BSE Sensex was at 84,804.28, up 138 points.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “As the year slowly draws to a close the market structure is becoming challenging. Heavy selling in the broader market is justified since valuations have been elevated and kept high only on the strength of liquidity. This is unsustainable. But the weakness in the overall market and sustained selling by FIIs are a bit disappointing. A major concern is the excessive delay in the finalisation of the US-India trade deal. A remark by President Trump yesterday that action should be taken on India for dumping rice in the US hurt sentiments further.”“Fundamentals are turning in favour of India. Higher growth and corporate earnings are achievable in the quarters ahead. The fiscal and monetary stimulus provided this year have started producing results. The excessively low inflation rate, which impacted nominal GDP growth, also will start rising in the coming quarters. This is significant since corporate earnings growth will be influenced more by nominal GDP growth rather than by real GDP growth. The fact that valuations in the large cap segment have become fair is another positive. These positive factors will start weighing on the market soon. Investors have to keep faith and wait patiently for the fundamentals to play out.”The S&P 500 declined on Tuesday as investors anticipated hawkish Federal Reserve messaging despite potential rate cuts. JPMorgan contributed significantly to the benchmark index’s decline following the bank’s announcement of substantial 2026 expenses.Asian markets showed modest gains following Wall Street’s subdued session, with investors awaiting the Federal Reserve’s final interest rate decision of the year.Foreign portfolio investors recorded net sales of Rs 3,760 crore on Tuesday, whilst domestic institutional investors showed net purchases of Rs 6,225 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
new video loaded: The Battle for Warner Bros. Discovery
By Nicole Sperling, Edward Vega, Laura Salaberry, Jon Hazell and Chris Orr
December 9, 2025
CVC plans sale of Japan’s FineToday after scrapped IPO, sources say
Venezuela’s Machado ‘will not receive Nobel Peace Prize in person’
Ann Summers stabilises after key launches, but still loss-making
-
Business1 week agoCredit Card Spends Ease In October As Point‑Of‑Sale Transactions Grow 22%
-
Tech1 week agoHow to build a data dream team | Computer Weekly
-
Tech1 week agoI Test Amazon Devices for a Living. Here’s What to Buy This Cyber Monday Weekend
-
Tech1 week agoThe 171 Very Best Cyber Monday Deals on Gear We Loved Testing
-
Business1 week agoIndiGo Receives Rs 117.52 Crore Penalty Over Input Tax Credit Denial
-
Fashion1 week agoEastpak appoints Marie Gras as vice president, global brand
-
Business1 week agoGold And Silver Prices Today, December 2: Check 24 & 22 Carat Rates In Delhi, Mumbai And Other Cities
-
Fashion1 week agoWorld goods trade growth set to moderate as barometer index dips: WTO