A look at Indian Design Industry

In-stat reports that Indian design Industry will grow at double digit rate at
least till 2010.

India is one of the fastest growing semiconductor markets in the world. Semiconductor consumption reached US$1.18 billion in 2005, and is expected to reach US$3.09 billion by 2010. Liberalization and globalization of India’s economy has accelerated the development of the electronics industry. The country’s increasing middle class has further propelled the domestic demand for electronics in the country. The exploding demand for mobile handsets and PCs is also affecting semiconductor consumption.
The report gives the five-year forecast for semiconductor consumption
in India and also points out the consumption trends across different
segments. It highlights the drivers in each segment and also gives the
break down of semiconductor products like microprocessors,
microcontrollers, memory, and DSP across each segment. The major
players in various semiconductor segments are discussed to provide an
overview of the market’s direction. The report also analyzes the
semiconductor manufacturing scenario in India and takes a look at
recent developments in this space.