Market Share of India Semiconductor Industry
The Indian semiconductor market is fragmented with the presence of several players like Tata Group, HCL Technologies, Bharat Electronics Limited, MosChip Technologies, and various other global players such as AMD, Foxconn, and NXP Semiconductors. The companies aim to continuously invest in strategic partnerships and product developments to gain substantial market share.
- May 2024: Lam Research announced its expansion of the global semiconductor fabrication equipment supply chain to India. The Ministry of Electronics and IT's efforts to develop a downstream ecosystem have been instrumental in this decision. Lam Research is evaluating capabilities in different supply chain segments and has expressed its interest in collaborating with India-based suppliers to meet the demand for precision components and other necessary supplies.
- March 2024: Tata Group announced that it was aiming to commence commercial production from India's first semiconductor fabrication unit by 2026, with the goal of achieving self-reliance in chips that are essential for powering a wide range of technologies, from smartphones to defense systems. The plant, owned by Tata Electronics Pvt. Ltd, located in Assam, will initially focus on producing semiconductor chips starting at 28 nm. It is anticipated that production at the plant will begin by late 2025 or early 2026, catering to various sectors, such as automotive, power, electronics, consumer goods, and medical devices.
India Semiconductor Market Leaders
-
Tata Group
-
Bharat Electronics Limited
-
Moschip Semiconductor Technologies
-
Vedanta Semiconductors Private Limited (VSPL)
-
HCL Technologies
*Disclaimer: Major Players sorted in no particular order
