India's New Industrial Revolution Takes Shape Across Space, Chips, Data Centres and Solar
- India is entering a new industrial growth phase driven by private-sector participation and government support in six sectors: semiconductors, space, aerospace, electronics, solar manufacturing, and data centres.
- India's semiconductor industry has attracted about USD 20 billion in investments, including projects such as a chip fabrication plant and OSAT operations, supported by a new USD 13 billion government incentive to expand the ecosystem.
- India's data-centre capacity grew fivefold to 2 GW and is expected to reach nearly 10 GW, creating USD 9 billion in revenue and USD 45 billion in investment opportunities.
- India's space economy aims to expand approximately fivefold to USD 40-45 billion by 2030, with private companies advancing toward commercial execution following sector liberalization.
27 Articles
27 Articles
As India moves towards a new industrial revolution, the role of the private sector is steadily increasing. The government has opened up strategic sectors such as space, semiconductors, electronics, data centers, solar, and aerospace to private companies. This is increasing investment and production in the country, along with new technologies and employment opportunities.
India's new industrial revolution takes shape across space, chips, data centres and solar
The government has backed the push through measures including opening the space sector to private companies, tax incentives for data centres, large production-linked schemes for semiconductors, electronics and solar, localisation requirements and purchases of GPUs.
India’s New Industrial Revolution under PM Modi
From rockets and semiconductors to data centres, electronics, solar and aerospace, India is moving beyond being merely a giant consumer market to becoming a manufacturing and technology powerhouse for the world. Global investment bank Jefferies has identified this transformation as “India’s New Industrial Revolution”, pointing to a powerful combination of domestic demand, private investment and sustained government policy support. India could be…
Billion dollar boom: Jefferies identifies six sectors driving ‘India’s New Industrial Revolution’
Jefferies has identified several policy measures that it believes are helping these newer sectors expand, driving India’s next phase of industrial growth. These include allowing greater private-sector participation in space, providing tax holidays for data centres.
Jefferies flags six sectors that will drive India's industrial revolution
In its India’s New Industrial Revolution, global investment bank Jefferies said that space, semiconductors, data centres, electronics, solar manufacturing and aerospace sectors could drive the next phase of India’s industrial growth in the coming years. This “revolution” is expected to be led by a combination of an established manufacturing base, a massive domestic market and a rising global demand for an alternative supply chain that will creat…
India’s new industrial revolution: Jefferies flags space, semiconductors, solar among 6 high-growth sectors
From a $40–45 billion space economy target to a projected $45 billion data-centre investment opportunity, Jefferies sees government support and private participation accelerating India’s next phase of industrial growth.
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