Current Affairs · Economy and Industry
Consider the following statements regarding India's semiconductor industry and imports up to recent years: 1. As per industry estimates, the size of the Indian semiconductor market was about $38 billion in 2023 and is projected to surpass $100 billion by 2030. 2. In the decade leading up to 2024, total imports of semiconductor chips such as monolithic integrated circuits and memories have steadily decreased. 3. In the same decade, except for Fiscal Year 2019, China has consistently been the major supplier of semiconductor chips to India, accounting for nearly one-third of the import value every year. Which of the statements given above is/are correct?
- 11, 2, and 3
- 21 and 3 only✓
- 32 and 3 only
- 41 and 2 only
Correct answer
1 and 3 only
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