In a remarkable turn of events, India’s semiconductor consumption has witnessed an unprecedented surge, significantly boosting the country’s technology sector. The demand for semiconductors has been driven by the rapid expansion of various industries, including consumer electronics, automotive, telecommunications, and the growing adoption of emerging technologies like artificial intelligence (AI) and 5G. According to Deloitte, the Indian semiconductor industry will reach $55 billion by 2026, with three industries accounting for more than 60% of the market which are smartphones and wearables, automotive components, as well as computers and data storage. Sanjay Gupta, Chairperson of India Electronics and Semiconductor Association (IESA)…