India’s semiconductor manufacturing is growing fast with their $10 billion government incentive program. You’ll find new chip factories being built across the country as India works to reduce its dependence on imports. The India Semiconductor Mission aims to make the country a global hub for chip production by 2030.
This statistic is according to Reuters, and Yijin Hardware is proud to be a part of this global industry too. That’s why we’ve created this guide to help you identify key companies, government initiatives, and investment trends making India a global chipmaking hub in 2025.
Key Takeaways
- India’s semiconductor industry is growing fast with new chip factories coming by 2026 to 2027 and the government’s $10 billion program attracting global companies.
- The India Semiconductor Mission (ISM) team manages the big incentive program and connects global companies with Indian partners to build chip factories faster.
- While India has few actual chip makers today, major companies like Tata Electronics, Micron Technology, AMD, and Samsung are investing billions of dollars to start making chips in India.
- These new semiconductor projects will create thousands of high-tech jobs for Indians and should help the country meet around 20% of its own chip needs by 2030.
Who are the Top Semiconductor Manufacturers in India?
The top semiconductors manufacturers in India are:
- Tata Electronics
- Micron Technology
- Vedanta-Foxconn
- IGSS Ventures
- SCL (Semiconductor Laboratory)
India has few actual chip makers today, but is building manufacturing capacity fast. You’ll find mostly design centers where engineers create chip plans. The government’s $10 billion program is attracting global companies to start production facilities across the country.
Listed Semiconductor Manufacturing Companies in India
Let’s look at some of these Indian semiconductor manufacturing companies as well as some other major players.
Yijin Hardware
Yijin Hardware is a CNC machining company with a massive consumer base in India for subtracting semiconductor substrates. Specializing in China CNC machining semiconductor components, Yijin Hardware isn’t geared towards creating semiconductors, but they form an essential step for many companies in India who strive to manufacture semiconductors. So, whether it’s semiconductor parts application, surface treatment, or other CNC services like turning, milling, or drilling, contact Yijin Hardware today for an exemplary partnership.
So, whether it’s semiconductor parts application, surface treatment, or other CNC services like turning, milling, or drilling, contact Yijin Hardware today for an exemplary partnership.
MosChip
MosChip Technologies is India’s first publicly traded fabless semiconductor company, founded in 1999 with headquarters in Hyderabad. They specialize in semiconductor and system design services, with expertise in turnkey ASICs, mixed signal IP, and product engineering solutions.
MosChip employs over 1,300 engineers across India and Silicon Valley, focusing on automotive, consumer electronics, and telecommunications markets.
Applied Materials
Applied Materials is the global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. In India, Applied Materials operates as a strategic partner enabling the semiconductor, display, and solar manufacturing ecosystems through offices in Bangalore, Chennai, Mumbai, and other cities.
Applied Materials recently announced plans to establish a semiconductor manufacturing unit in Chennai, Tamil Nadu, which is expected to create approximately 500 jobs.
Broadcom
Broadcom is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions for data centers, networking, software, and wireless applications.
The company maintains offices in India across Bangalore, Hyderabad, and Pune, focusing on telecommunications products including data center switches, embedded processors, and wireless connectivity solutions.
As part of the semiconductor ecosystem in India, Broadcom serves as a crucial provider of components for various electronic products used in multiple industries.
Microchip Technology
Microchip Technology is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions for electronic systems and products. They recently announced a $300 million investment to expand its operations in India, which includes establishing an advanced R&D center and manufacturing capabilities.
Microchip’s expansion in India will create numerous jobs and contribute to the growth of the country’s semiconductor ecosystem.
ASM Technologies
ASM Technologies is an engineering services firm headquartered in Bengaluru that advises semiconductor equipment manufacturing companies on various aspects including wafer metallization and packaging.
ASM has development centers in Bangalore, Pune, and Namakkal, and also operates manufacturing facilities in Chennai. With over two decades of experience, they provide consulting and product development services in Engineering Services and Product R&D through offshore development centers in India and overseas.
Samsung Semiconductor
Samsung Semiconductor India Research (SSIR) is located in Bengaluru and serves as a hub for advanced research, development, and innovation in semiconductor technology. They work on technologies across System LSI, Memory, and Foundry sectors in the Asia Pacific region.
Samsung recently unveiled a new semiconductor R&D unit in India and has collaborated with the Indian Institute of Science to set up a Quantum Technology Lab.
ChipLogic
ChipLogic, founded in 2018, is an IP and product engineering services company based in Bangalore with an additional office in the UK.
This company offers semiconductor IP blocks for custom silicon solutions in areas like power management, memory storage, networking, and image processing. ChipLogic Technologies provides services in semiconductor design, IoT system solutions, and AI/ML frameworks for various applications.
Micron Technology
Micron Technology is constructing a $2.75 billion semiconductor assembly and test facility in Gujarat, India, which is expected to become operational by early 2025. Their new facility will include 500,000 square feet of cleanroom space and create up to 5,000 direct jobs and 15,000 community jobs over the next several years.
Micron currently has offices in Bengaluru and Hyderabad that augment its global network of engineering and operations bases.
AMD
AMD announced a $400 million investment over five years to expand its research, development, and engineering operations in India, creating its largest global design center in Bengaluru.
The new 500,000-square-foot campus, opened in November 2023, will employ approximately 3,000 engineers working on advanced semiconductor technologies including 3D stacking and artificial intelligence. AMD currently has 10 total locations across India in cities including Bangalore, Delhi, Gurgaon, Hyderabad, and Mumbai.
NXP
NXP Semiconductors operates four semiconductor design centers in India (Noida, Bangalore, Hyderabad, and Pune), employing over 2,500 engineers working on cutting-edge technologies.
In September 2024, they announced an investment of over $1 billion to double its R&D efforts in India over the next few years. NXP expects India to generate between 8-10% of its global revenue in the next three to five years, showing the company’s growing commitment to the Indian semiconductor market.
What is the India Semiconductor Mission (ISM)?
The India Semiconductor Mission (ISM) is a special government team created to grow India’s chip industry. It manages the $10 billion incentive program and helps companies build chip factories. You’ll see this team working as the central hub for all semiconductor projects, connecting global companies with Indian partners.
The mission has four main goals as shown below: attracting big chip manufacturers to India, developing local chip design talent, building a complete supply chain, and creating thousands of high-tech jobs for young Indians. ISM acts as a one-stop agency to cut through red tape and speed up approvals.
| Goal | Description | Role of ISM |
|---|---|---|
| Attract major chip manufacturers | Bring global semiconductor companies to set up in India | Acts as a single-window agency for approvals |
| Develop chip design talent | Train and nurture local semiconductor design engineers | Supports education and R&D programs |
| Build a complete supply chain | Establish local sourcing for materials and equipment | Coordinates with industry and policy makers |
| Create high-tech jobs | Generate employment for young skilled professionals | Facilitates investment and workforce programs |
Yijin’s Role in the Global Semiconductor Industry
Yijin Hardware’s role in the global semiconductor industry is focused on providing essential manufacturing tools and precision components. You’ll find our equipment in many CNC machining facilities, where we supply specialized subtractive semiconductor services needed for clean room environments.
Our precision metal parts are crucial for the sensitive production processes that make semiconductors work. Contact Yijin now if you’d like to partner with us on this semiconductor manufacturing journey!
India Semiconductor Manufacturing Company | FAQs
What challenges does India face in becoming a global semiconductor hub?
India faces significant challenges in becoming a global semiconductor hub. You’ll need massive capital investments of $10+ billion per fab, which is difficult for most Indian companies to fund. Finding skilled talent is another big hurdle, with the industry potentially facing a gap of 250,000 to 300,000 professionals by 2027.
What is India’s projected demand for semiconductors by 2030?
India’s semiconductor market is projected to grow substantially by 2030, with various research firms offering slightly different projections. According to the India Electronics and Semiconductor Association (IESA), the market is expected to grow from approximately $52 billion in 2024 to 2025 to $103.4 billion by 2030, at a compound annual growth rate (CAGR) of 13%.
What is the average compensation for experienced hires in India’s semiconductor industry?
The compensation for experienced professionals in India’s semiconductor industry varies based on expertise, location, and specific roles. You’ll find that experienced semiconductor engineers with over 5 years of experience typically earn between ₹10,00,000 to ₹20,00,000 ($12,000 to $24,000) annually, with specialized roles commanding even higher pay.
What’s the future of semiconductor manufacturing in India?
The future of India’s semiconductor manufacturing looks bright with new chip factories expected by 2026-2027. You’ll see huge growth as the $10 billion government program attracts more global companies. India aims to meet 20% of its chip needs locally by 2030 and become a top player in the worldwide supply chain.
In fact, several major projects are already underway. Tata Electronics is building a $11 billion chip plant in Dholera, Gujarat, while Micron’s $2.75 billion facility in Gujarat will make memory chips for your phones and computers.
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