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Top 12 Semiconductor Companies in India {Best List of 2024}

Semiconductors play a vital role in all electronic devices we use. Semiconductors power their products in every industry, from computers to home appliances to automobiles. However, a chip shortage has been witnessed over the past year, leading to a delay in delivery and price hike of multiple products globally. Several Indian companies, including Reliance and Ola, have encountered this semiconductor chips shortage since the pandemic. As a result, multiple initiatives and plans have been stalled almost unprecedently. This article will cover top 12 semiconductor companies in India in 2022.

Top 12 semiconductor companies in India

1. Bharat Electronics Limited

Bharat Electronics Limited is one of the oldest semiconductor manufacturing companies in India. It was founded in 1954 in Bengaluru. Earlier, it used to design communication equipment and germanium semiconductors. Later on, company started manufacturing semiconductors in 1962. Since its establishment, the company has led to various innovations in semiconductor manufacturing and has evolved as one of the leading semiconductor manufacturers in India. 

2. NXP Semiconductors

NXP Semiconductors is one of the biggest semiconductor companies in India that has been serving for the last 50 years in the country. It is an international semiconductor manufacturing company with its headquarters in the Netherlands. Current NXP Semiconductors include four sites in India at different locations like Bengaluru, Noida, Pune, and Hyderabad. The company owns a workforce of more than 2500 engineers and has filed more than 500 patents over the years. According to NXP Semiconductors, their main focus is to create innovation for the automobile, IoT, and smartphone industries. 

3. CDIL

 Continental Device India Ltd (CDIL) is an Indian semiconductor manufacturing brand based in Delhi. It is usually considered the pioneer of manufacturing Silicon Semiconductor Chips and Devices in India. Established in 1964, CDIL has caused huge strides in semiconductor manufacturing. As a result, today, the company has tremendous capability in semiconductor manufacturing. Moreover, when semiconductor manufacturing is in huge demand, it claims the best professionals and technology to fulfil this requirement. As a result, CDIL is relied around the world today for its work.

4. Wipro

Wipro is a renowned multinational company having its headquarters in Bengaluru, India. It is presently one of the top semiconductors companies in India. The EngineeringNXT team of the company has been designing and manufacturing top-notch microchips in the country for several years. According to Wipro, the company delivers 8 of the top 10 semiconductor companies with transformational technology-led solutions for several departments, including product development, IT infrastructure, cloud transformation, new-age semiconductor technology, engineering, and many more. 

In addition, the company’s cutting-edge engineering team takes care of all semiconductor manufacturing needs like silicon, firmware, host software, drivers, board and system design, testing, and pre-certification. Over the years, Wipro has earned a massive client base that trusts Wipro’s expertise in semiconductor manufacturing. 

5. Sankalp Semiconductor

Sankalp Semiconductors is a unit of HCL Technologies Company that delivers complete end-to-end semiconductor service. Founded in 2005 with its headquarters in Hubli, Karnataka, Sankalp Semiconductors is India’s leading chip design company. The company is competent in transforming concepts into prototypes in the semiconductor industry. Sankalp Semiconductors presents various services to its clients, including digital, analogue, high-speed physical interface IP, Embedded Memory Compiler, and EDA modelling. Apart from India, the company has its headquarters in various countries, including the United States, Canada, and Germany. Sankalp Semiconductor has a huge client base from automobile, consumer electronics, IoT, medical electronics, and many more. 

6. Solex

Solex Energy is an Indian manufacturing company established in 1998. The company specializes in manufacturing semiconductors, solar panels, and other electronic products. Apart from semiconductor manufacturing, the company is also well known for its capabilities to manufacture solar cells. 

7. Semtronics MicroSystems

Semtronics MicroSystems is a fabless semiconductor company located in Bengaluru. The semiconductor manufacturing company was established by Avinash Brahma and Mahendra Karanam in 2010. Semtronics Micro Systems specializes in designing and manufacturing integrated circuits from the power, automotive, and communication industries. 

The company’s strengths are its expertise in system definition in power management, quick market launch, focused customer relationships, and integrated circuit capabilities in mixed-signal engineering. The highly talented and capable Semtronics MicroSystems enables it to acquire recognition in mixed-signal engineering. 

8. Broadcom

Broadcom is one of the world’s biggest fabless semiconductor manufacturers having its headquarters in the US. In addition, the company has a manufacturing unit in Bengaluru, India, which is a premier semiconductor manufacturing centre in the country. The Indian branch of Broadcom conducts various operations involved in semiconductor manufacturing, involving designing, development, and fabrication.

 The company was established in 1991 and acquired by Avago Technologies in 2016. Apart from semiconductor manufacturing units, Broadcom also offers various other services like data centres, smartphone component manufacturing, and many more. Last year, Broadcom also disclosed its plans to accquire analytics software company SAS Institute.

9. Samsung Semiconductor

Samsung Semiconductors India is in the Samsung Research and Development centre situated in Bengaluru, Karnataka. Samsung manufactures products and applications for its own devices and provides different clients through its Indian R&D centre. The chip manufacturing company was initially established in 1983 with its headquarters in the US. 

It is a fabless semiconductor company that delivers multiple services such as designing application-specific integrated circuits (ASIC) and several more engaged in semiconductor manufacturing. The semiconductors developed by Samsung are world-class and are used in multiple electronic devices, including smartphones, computers, and various others, making it one of the top semiconductor companies in India.  

10. Micron Technology

Micron Technology is an American semiconductor and computer products manufacturing company in Bengaluru, India. The company specializes in producing cum manufacturing SoCs for different computer products, including storage, flash drives, RAM, and many more. Micron Technology utilises DRAM technology to develop and manufacture microchips. A globally acclaimed semiconductor manufacturer, Micron Technology, had united with Intel IM Flash Technologies earlier. Additionally, the company’s consumer products are marketed under the brand name Crucial and Ballistix.    

11. Applied Materials

Applied Materials is a US-based semiconductor manufacturing company established in 1967 that has its headquarters in Bengaluru. The Indian subsidiary of Applied Materials has fueled the development of semiconductor designing and manufacturing over several years. The company specializes in manufacturing and designing semiconductors for different products, including displays, smartphones, televisions, solar panels, and many others.

 Apart from India, the company also handled numerous facilities in countries like Japan, Israel, China, Italy, Korea, etc. In addition, the company offers various services such as removal, addition, and modification of integrated circuits, making it an all-in-one service provider for chip designing and fabrication. 

12. TSMC

Taiwan Semiconductors Manufacturing Company (TSMC) is one of the world’s top chip manufacturers. According to recent developments, the Indian and Taiwanese governments are in tight talk to open a manufacturing facility of TSMC in India to further develop the two-way economic engagement. The yet to be established manufacturing hub will skyrocket the development of semiconductor designing and manufacturing in India. 

TSMC is a large-scale semiconductors manufacturer that has supplied world-leading organizations like Apple. In addition, setting up the TSMC manufacturing facility in India will entice customers from various parts of the world, including the United States, enabling India to become a global hub for semiconductor manufacturing.

Conclusion

These are some of the top 12 semiconductor companies in India. These companies have acquired years of experience and are well-trusted in semiconductors. Moreover, they have also been placing their insights and many years of R&D into developing semiconductor technology, thereby pioneering abilities to manufacture the best semiconductors. 

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