India's semiconductor market to hit $200 billion by 2035: Report

India's semiconductor market will grow from $64 billion in 2026 to $200 billion by 2035, as per an EY-IESA report. Consumer electronics leads demand at 30%, followed by automotive (16%). Imports rose 5x to $30.3 billion in FY25. India holds 20% of global chip design engineers, offering strong manufacturing and design potential.