Your strategy to grow is unpublished

India is emerging. This Asian country, The most populated on the planetit has an economic capacity and very important geopolitical relevance. According to him International Monetary Fundits economy is one of the fastest growing, with an expansion forecast of the 6.2% in 2025 and 6.3% for 2026. Other great economies, such as the US or China, They are checking His growth forecast for 2025 and 2026, but India not. He advances day after day as an authentic summary.

One of the pillars that support their economic growth is their domestic consumption. 31% of its population, which currently Broken 1,464 million peopleit has an average level of income, and the forecasts of the Indian government estimate that this percentage will increase until Reach 38% in 2031. If this trend persists in 2047 the middle class in India will bring together no less than 1,000 million people. However, the authentic engine of the growth of this country, and the reason why the middle class is expanding, is the policy of incentives linked to production that has deployed administration.

This strategy seeks to develop and modernize Indian manufacturing capabilities, as well as boost exports. And it is working. Since the government put it in motion In March 2020, this plan has generated 1.15 million jobs. And, in addition, it has impacted in a very positive way on The following key sectors: electronics, electric cars, integrated systems and industrial automation, pharmaceutical and biotechnological products, drones, data centers and chemicals. They reside in the strength of this country.

India wants to be the new Taiwan in the semiconductor industry

One of the sectors that is giving India the most joys in recent years is dedicated to the manufacture of electronic products. In 2024 he billed 115,000 million dollarsand the government provides that this figure will triple in 2027. This enormous impulse is mainly held on THE SEMICON INDIA PROGRAMwhich seeks to drastically develop India’s relevance in the integrated circuit manufacturing industry. To achieve this, this plan pursues to attract foreign investment, and in recent years he is going like silk.

Apple, Amazon, Google or Microsoft are some of the large technology companies that They are already present in India. And AMD and Foxconn will be soon. It is clear that this country bids strong, and according to Digitimes Asiayou are preparing to be a very relevant actor in the semiconductor industry at a juncture that in the medium or long term It can unfavorable Taiwan. According to the consultant Deloitte The Indian integrated circuit market will exceed 55,000 million dollars in 2026, and to achieve this, the Government intends to attract as many chips manufacturers as I can.

The American company Micron Technology, which is dedicated mainly to The manufacture of memory chipsit will have a very important role in the future of the Indian semiconductor industry. And he will have it because he has launched an avant -garde plant in the town of Sanand, which belongs to the state of Gujarat. Even so, According to Eric Chenwhich is an analyst and researcher of the integrated circuit industry, India will take a decade to achieve mass production of 28 Nm chips. This is what aspires in the medium term. Its main challenge is to put the plants necessary to achieve this goal with agility, and an avant -garde chips factory takes no less than four years in being fully operational.

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