Build next generation semiconductor fabrication in india
Our Aim
We plan to invest in the development of
India's electronic ecosystem over the next 10 years
Vanik will invest in fabless semiconductor design companies and start-ups in India
Vanik will support the creation of a virtuous circle of design, fabrication, packaging, assembly and finished goods.
By 2030, 80% of the projected $110 bn semiconductor demand will come from Auto & EV, Consumer, Solar and Telecom
Auto and EV
CAGR (2022-2030)
3rd largest market
4.5 mn unit sales projected (Ola Electric)
M&M to introduce 7 Evs; 64k pm cap.
Consumer
CAGR (2022-2030)
2nd largest smartphone maker
Nitin Aayog target of $500 bn electronics manufacturing
4 Indian companies hold 60% of the wearable market in India (2024)
Solar
CAGR (2022-2030)
26x increase in installed solar capacity since 2014
280GW of installed solar capacity by 2030
$1bn allocation to solar grid development
Telecom
CAGR (2022-2030)
200 Mn more users to come online by 2030
CAGR of fixed broadband subscribers is 12.6%