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2011 India semiconductor market tops Rs.36,000 crore

Posted: 03 Aug 2011     Print Version  Bookmark and Share

Keywords:India semiconductor  India chip industry  semiconductor market 

According to an EE Herald report that cites research firm Gartner, the Indian semiconductor market is going to be worth Rs.36,607.14 crore ($8.2 billion) in 2011 with the communications and computer sectors said to be responsible for 52 and 26 per cent of Indian chip consumption, respectively.

According to the report, the Indian semiconductor market is up 15.5 per cent compared to Rs.31,696.43 crore ($7.1 billion) in 2010.

Increasing consumer affluence and economic growth in the sub-continent is encouraging electronic equipment companies to set up manufacturing facilities in India, the report said.

- Peter Clarke
  EE Times

For more statistics and forecasts, click here





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