Top 10 Semiconductor Manufacturing Companies in India (2024)

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by Santosh Das | Last Updated On October 6, 2023

Comprehensive List of Top 10 Semiconductor Manufacturing Companies in India.

Here is List of Top 10 Semiconductor Manufacturing Companies in India with some of them even listed in NSE and BSE Stock Exchange.

The world now wants to diversify the Global Supply Chain of Semiconductor Chipset and even Indian Government is now Encouraging New Startups in India. India and the world no longer want to rely on just few American, Japanese and South Korean or Taiwanese Semiconductor Manufacturers.

Let us now have a look at this comprehensive List of Top 10 Semiconductor Manufacturing Companies in India.

Table of Contents:

What is a semiconductor?

A semiconductor can be defined as a substance with properties of a conductor and insulator both.

It can conduct electricity under certain circ*mstances but not always. This physics and property of a semiconductor makes it a good medium to use electricity in a controlled manner as and where required.

So, we can say that a semiconductor is a material that has electrical conductivity greater than an insulator but less than a conductor.

Read More on:

  • All About Semiconductor
  • Semiconductor Manufacturing Process – Steps and Technology Used

List of Top 10 Semiconductor Manufacturing Companies in India

S.NoCompanyProductsLocation
1.Saankhya LabsSemiconductor SolutionsBengaluru
2.

ASM Technologies

Stock Listed: 526433 (BOM)

Semiconductor EngineeringBengaluru
3.Broadcom IncSemiconductor and Infrastructure Software SolutionsBangalore
4.Chiplogic TechnologiesSemiconductor Design ServicesBangalore
5.CDILSemiconductor ManufacturerNew Delhi
6.MosChip Semiconductor TechnologiesFabless SemiconductorHyderabad
7.EinfochipsSemiconductor Design ServicesAhmadabad
8.Tata ElxsiAI, Machine learning, NLPBengaluru
9.Semi-Conductor LaboratoryR&D in Semiconductor TechnologyMohali
10.NXP SemiconductorsSemiconductor Startup IncubationBangalore

Video: Top 10 Semiconductor Companies in India

Top Semiconductor Stocks in India Listed in BSE / NSE Stock Market / Exchange

S. NoCompanyManufacturesBSE / NSE Stock
1.Ruttonsha International Rectifier LtdPower semiconductor devices and high-power equipment.517035
2.Solex Energy LimitedSolar panels, lamps, and solar instruments.SOLEX
3.Borosil Renewables LimitedFlat glass products.502219
4.MIC Electronics LimitedLED video displays, electronic and telecommunication equipment.532850
5.Urja Global LimitedOff-grid and grid connected solar power plants, and decentralized solar applications.526987
6.Indosolar LimitedPhotovoltaic cell and solar panelINDOSOLAR
7.SPEL Semiconductor LimitedContract manufacturing services for semiconductor companies517166
8.Surana Solar LimitedSolar panels and solar PV modules.SURANASOL
9.Websol Energy System LimitedPhotovoltaic (PV) crystalline solar cells and modules.WEBELSOLAR

Hindustan Semiconductor Chip Manufacturing Company

Government of India has cancelled the letter of intent (LoI) granted to HSMC Technologies India to set up the country’s first electronic chip manufacturing plant in the State of Gujarat.

The LoI issued to the consortium led by HSMC Technologies India Pvt Ltd had to be cancelled as the consortium could not submit the requisite documents as per the LoI even after extended time period.

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Top 10 Semiconductor Manufacturing Companies in India (2)

Santosh Das

Santosh, founder of this Electronics Tutorial Website, is an Electronics Geek, Bloggerand YoungEntrepreneur. He possessesvast experience in the field ofelectronics,electronic components,PCB,Soldering,SMT,Telecommunication, ESD Safety, and PCBAssembly Tools, Equipment and Consumables. Keep visiting fordaily dose of Tips and Tutorials.

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    List of Top 10 Information Technology (IT) Companies in India Listed in Stock Market / Stock Exchange (BSE & NSE).

  • Top 10 Largest Semiconductor Companies in the World

    Top 10 Largest Semiconductor Companies in the World by Market Cap and Sales Revenue.

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    Learn about the essential semiconductor manufacturing process – wafer manufacturing, oxidation, photolithography, etching, deposition and ion implementation, metal wiring, Eds and packaging.

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7 Responses

  • Comments3
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  1. Top 10 Semiconductor Manufacturing Companies in India (7) millermateo says:

    Nice Blog Post Very Helpful Post

    Reply

  2. Top 10 Semiconductor Manufacturing Companies in India (8) Vijay Durge says:

    March 3, 2023 at 12:31 pm

    Hi,

    Hope you are doing great!

    I am Vijay Durge and I take care of digital partnerships and outreach at eInfochips, an ER&D firm with digital & semiconductor design engineering capabilities. eInfochips is part of Arrow Electronics, a Fortune 104 corporation with 19,000 employees.

    Thanks For Mentioning us, Requesting link insertion for same.

    Looking forward to a positive response from you.

    Thanks
    Vijay

    Reply

  3. August 5, 2023 at 8:11 am

    good work. thank for sharing. very useful n helpful

    Reply

  1. May 10, 2022

    […] far, India has attracted investments by overseas and domestic chip companies that are mainly focusing on design. Continental Design India Ltd. is the nation’s only chip […]

  2. May 11, 2022

    […] far, India has attracted investments by abroad and home chip firms which are primarily specializing in design. Continental Design India Ltd. is the nation’s solely […]

  3. May 16, 2022

    […] far, India has attracted investments by abroad and home chip firms which might be primarily specializing in design. Continental Design India Ltd. is the nation’s […]

  4. October 11, 2022

    […] Top 10 Semiconductor Manufacturing Companies in India […]

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Top 10 Semiconductor Manufacturing Companies in India (2024)

FAQs

Which Indian company is going to manufacture semiconductors? ›

This will be India's first commercial semiconductor fabrication facility. Tata Electronics Private Limited (TEPL) will collaborate with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan, to establish a semiconductor fab in Dholera, Gujarat, with an investment of INR 9100 billion (US$109.71 billion).

Who is the largest producer of semiconductors in India? ›

Which are the top semiconductor companies in India right now?
  • #1 HCL TECHNOLOGIES.
  • #2 BHARAT ELECTRONICS.
  • #3 VEDANTA.
  • #4 CG POWER & INDUSTRIAL.
  • #5 DIXON TECHNOLOGIES.

What are the top 10 semiconductor companies? ›

Largest Semiconductor Companies in the World: The top 10 semiconductors companies are Taiwan Semiconductor Manufacturing Company Limited (TSMC), Samsung Electronics, Intel, SK Hynix, Nvidia, Qualcomm, Broadcom Inc, Micron Technology, Texas Instruments, Advanced Micro Devices (AMD).

Which company makes AI chips in India? ›

Tata Elxsi is part of the Tata Group, a large conglomerate of companies headquartered in India. Alongside semiconductors, the company focuses on tech development including artificial intelligence capabilities. That said, its chips serve as the backbone for much of the AI and machine learning engines it develops.

Which company of Tata will make semiconductors? ›

Tata Electronics Private Limited ("TEPL") will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan, in Dholera, Gujarat. Investment in this fab will be Rs 91,000 crore. PSMC has 6 semiconductor foundries in Taiwan.

What is the fastest growing semiconductor company in India? ›

Top Semiconductor Stocks in India in 2024 as per Market Capitalisation
S.No.Best Semiconductor Stocks in India (as per market capitalisation)
1.HCL Technologies
2.Bharat Electronics Limited
3.ABB India Limited
4.Havells India Limited
1 more row
Mar 22, 2024

What is the best semiconductor stock to invest in India? ›

1. Which semiconductor stock is best in India?
  • Best Semiconductor Stock #1: MIC Electronics Ltd.
  • Best Semiconductor Stock #2: SPEL Semiconductor Ltd.
  • Best Semiconductor Stock #3: Bharat Heavy Electricals Ltd.
  • Best Semiconductor Stock #4: Solex Energy Ltd.
  • Best Semiconductor Stock #5: Apar Industries Ltd.

What are the top 5 semiconductor companies? ›

  • Samsung (005390.KS)
  • Taiwan Semiconductor Manufacturing Co. Ltd. ( TSM)
  • NVIDIA Corp. ( NVDA)
  • Intel Corp. ( INTC)
  • Broadcom Inc. ( AVGO)
  • Qualcomm Inc. ( QCOM)
  • SK Hynix (000660.KS)
  • Applied Materials, Inc. ( AMAT)

What are the top 5 semiconductor manufacturing companies? ›

The largest semiconductor companies in the world include Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), Intel Corporation, Qualcomm Incorporated, SK hynix Inc., Micron Technology, Inc., Nvidia Corporation, Broadcom Inc., AMD, Inc., Texas Instruments Incorporated, and MediaTek Inc.

What is the name of semiconductor stock in India? ›

Semiconductor Stocks In India NSE
NameMarket Cap ( Cr )6M Return
MIC Electronics Ltd880.2540.96
Bharat Electronics Ltd138,045.1739.17
Dixon Technologies (India) Ltd41,647.7937.62
Surana Telecom and Power Ltd215.8632.50
6 more rows

Which Tata company will benefit from semiconductors? ›

Since companies such as Tata Elxsi, TCS, Tata Tech, and others under the Tata Group are involved with semiconductors, Tata Investment Corp. could also benefit from the recent collaboration between Tata Electronics and Taiwan's PSMC.

Does India have any semiconductor manufacturing? ›

All three factories will start construction within next 100 days. India in June 2023 had approved Micron for setting up a semiconductor unit in Sanand, Gujarat. “Within a very short time, India Semiconductor Mission has achieved four big successes.

What is the future of semiconductor manufacturing in India? ›

Studies predict India's semiconductor market to soar, potentially reaching $60+ billion by 2026 and $100+ billion by 2030, capturing 10% of global consumption.

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