India semiconductor industry is one of the fastest growing semiconductor industries in the global market, wherein, VLSI Design service market is now becoming a key contributor. Design centers can be classified as captives and non-captives design centers. Non-Captives design centers accounts for more than 30% of the total market revenues in this industry.
According to 6Wresearch, India Non Captives VLSI Design Service Market is expected to reach $3.02 billion by 2017, growing at a CAGR of 16.25% during the period 2012-2017.
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