Semiconductor companies in India are likely to fulfil the country's need for semiconductors & display fabs. In 2020, the Indian semiconductor market size was $15 billion (approx.) and is expected to reach $63 billion by 2026 with a CAGR of 27.2%. (Source - Livemint)
Semiconductor and display fab needs product technology, process technology, a secretive mix of products and high capital investment.
Semiconductors basically provide electrical conductivity between a conductor and an insulator. These are used in the manufacturing of electronic devices, cloud servers, smartphones, industrial automation, defence systems or vital infrastructure.
In 2020, India exported US $160 million in semiconductor devices but the sales of it from India declined by 54% in value terms compared to 2019. During the same year, India imported US $2.17 billion, yet the sales of semiconductors to India dropped by 32% in value terms compared to 2019.
However, with the advent of IoT & 5g technology in India, the demand for semiconductors keeps rising. Currently, it is entirely met through imports.
As per reports, India wins proposals worth Rs 1.53 lakh crore for the semiconductor industry. In this way, the semiconductor companies in India are growing with enough investment to scale up production.
In addition, India has a booming Electronics System Design & Manufacturing industry with more than 120 units. According to the Department of Electronics and Information Technology (DeitY), approx. 2,000 chips are being manufactured every year in India. Besides this, more than 20,000 engineers are working on different aspects of chip designing and verification.
Due to government reforms and its Make in India initiative, the FDI (Foreign Direct Investment) in the electronic manufacturing industry has raised Rs. 123,000 crore (US $18.34 billion) during the year 2016. In 2014, the amount was around Rs. 11,000 crore (US $1.64 billion).
The Indian government has enabled 100% FDI under the automatic route in the ESDM sector. As per data from the Department of Industrial Policy and Promotion (DIPP), the electronics industry captivated FDI worth US $1.70 billion from April 2000 to December 2016.
There are 966 Semiconductor companies in India and 53,000 Semiconductor companies worldwide.
The top 10 Semiconductor companies in India are following:
Masamb Electronics Systems
Ruttonsha International Rectifier Ltd.
Hibex India Pvt. Ltd.
Nordic Semiconductor India Pvt. Ltd.
Get contact information of Top decision makers like Founder, CEO, CFO, CMO, CTO, Marketing head, HR head, Finance head along with headquarters, no of employees, revenue, founded year, industry in these companies.