Archean Chemical Industries has ventured into semiconductor manufacturing through its subsidiary SiCSem Pvt. Ltd, planning a Rs. 3,000 crore investment to set up a compound semiconductor facility in Odisha. This project is aligned with the Odisha Semiconductor & Fabless Policy 2023, marking a strategic expansion into the semiconductor space, particularly in power devices for EVs, energy storage, and other industrial applications.

Izmo Limited is advancing in semiconductor technologies, as demonstrated by their 3D semiconductor packaging services for automotive, aerospace, and renewable energy sectors. This strategic move into offering System in Package solutions positions them as a notable player in the sector across domestic and international markets.

Ami Organics has expanded into the semiconductor industry with the acquisition of Baba Fine Chemicals. They are the only Indian player in Photo Resist Chemicals and are leveraging this to grow their semiconductor chemicals business. This initiative positions them prominently within the semiconductor supply chain.

Wendt (India) is actively exploring growth opportunities in the semiconductor sector through technical collaborations and new product development. The company's focus on semiconductor opportunities, including products like dicing wheels and wafer grinding wheels, demonstrates significant strategic intent to expand into this vertical and leverage growth tailwinds.

Sasken Technologies has bolstered its position in the semiconductor design sector with the acquisition of Borqs Technologies. This strategic move enhances its Chip-to-Cognition journey, leveraging existing investments in semiconductors and cybersecurity, significantly broadening its expertise and capacity in design and development.

Trident Techlabs showcases a clear strategic focus in semiconductors through its subsidiary Techlabs Semiconductor, aiming for global market growth and tackling domestic opportunities driven by the 'Make in India' initiative. Its services in VLSI design and system designs, such as FPGA and board designs for sectors like defense and automotive, highlight significant strategic alignment with industry growth trends.

Kaynes Technology is actively expanding its semiconductor capabilities through new facilities like the OSAT plant in Sanand, which is set to be commercially operational soon. This strategic expansion into semiconductor packaging positions Kaynes as a significant player in the electronics and semiconductor supply chain, aligning with India's national objectives to bolster local manufacturing in this critical sector.

CG Power and Industrial Solutions Limited has strategically entered the semiconductor sector with the establishment of CG Semi Private Limited. This move aligns with India's initiative for self-reliance in semiconductor manufacturing, supported by government assistance. The company's new G1 and G2 plants near Ahmedabad will significantly enhance its production capability, ultimately supporting both domestic and global markets in semiconductor supply.

Rossell Techsys Limited is diversifying beyond aerospace and defense into semiconductor technologies, and this sector is projected to contribute significantly to the company's revenue. The company has increased its focus on semiconductor domains with orders and qualifications, projecting substantial revenue from this vertical soon. They are already seeing strong contributions from a new customer in the semiconductor domain, indicating substantial engagement in this sector.

RIR Power Electronics has made significant progress in its Silicon Carbide Ecosystem facility at Bhubaneswar. This facility will significantly enhance India's self-reliance in high-performance power electronics and cater to demand from electronics, renewable energy, and defense sectors. With substantial governmental fiscal support and phase-wise capex execution, RIR is strategically positioned in the semiconductor supply chain.

Sahasra Electronic Solutions Limited is significantly involved in the semiconductor and electronics sector. The company's acquisition of a major stake in Sahasra Semiconductors Pvt Ltd and their focus on developing semiconductor solutions like eSIMs for the EU market play a vital role in their growth strategy, showcasing a strategic intent to enhance their capabilities and market reach in this sector.

Cyient has secured a significant strategic role in India's semiconductor SCL Fab modernization program, demonstrating their execution strength in high-complexity semiconductor initiatives. The company's leadership in analog and power IC technologies is further validated by their acquisition of a majority stake in Kinetic Technologies. These ventures underscore Cyient's substantial involvement in the semiconductor domain.

Stallion India Fluorochemicals Limited is advancing its capabilities in specialty gases used in semiconductors and electronics at the Khalapur facility. This strategic investment highlights its intent to position itself as a key player in meeting India's emerging technology demands, such as semiconductor manufacturing.

RP tech has greatly benefited from the increased demand for semiconductors, reflected in their robust revenue growth. The company actively distributes key products like CPUs and graphic cards, essential for technological advances like AI and IoT, making them a substantial participant in semiconductor distribution in India.

Minda Corporation is expanding into high-value electronics and power-electronics domains — including ECUs, onboard chargers, DC-DC converters, motor controllers and vehicle control units — and is partnering to localize advanced electronic components, reflecting a strategic intent to move up the value chain into electronic systems that require electronics and semiconductor-grade competencies.

Tanfac Industries has commissioned 20,000 MTPA of Solar Grade Dilute Hydrofluoric Acid and signed long-term supply contracts with solar wafer manufacturers, positioning the company as a domestic supplier of high‑purity etchants used in photovoltaic wafer and semiconductor cleaning processes. This places Tanfac Industries materially within the semiconductor and solar wafer chemical supply chain.

Navin Fluorine International Limited has commissioned an AHF plant and disclosed a targeted Advanced Materials capex to produce high-purity fluorochemicals and liquid-cooling products for data centers and electronics. The company explicitly links its investments to India’s Semiconductor Mission 2.0 and is developing electronic-grade gases (BF3 and others), demonstrating clear strategic intent to serve semiconductor and electronics supply chains at commercial scale.

ASM Technologies demonstrates a material strategic focus on the semiconductor and electronics supply chain through end-to-end DLM and ER&D offerings, explicit targeting of ESDM segments, and planned large-scale facility investments supporting precision engineering for fabs and solar equipment. ASM Technologies' announced state investments and facility commissioning indicate the company is positioning itself as a meaningful India-centric semiconductor/ESDM supplier.

AXISCADES has clearly moved into semiconductor and electronics manufacturing with operational EMS lines, ESD and acoustic test labs at the Devanahalli Aero Land facility and completed box‑build capabilities for global silicon OEMs; AXISCADES’ ESAI vertical and a Product Development Centre in Fremont demonstrate material investments and customer wins that make semiconductor & electronics a strategic business pillar.

Samvardhana Motherson International Limited has explicitly built a foundation for consumer electronics and semiconductor-related industrial solutions, launched large greenfield consumer electronics facilities and announced partnerships (for example with Biel and other technology partners) to scale electronics manufacturing, showing strategic intent to make electronics a material growth vertical.

SEIL has secured a notably large order from a leading semiconductor manufacturer for a front-end fab and is supplying AIS, GIS, transformers, LV switchboards and Eco Care services, demonstrating a clear, material foothold in semiconductor infrastructure. This represents a strategic pivot to serve wafer-fab grade customers where reliability, customization and compliance are critical, showing more than transient exposure.

Amber Enterprises India Limited is executing a material electronics strategy: JV with Korea Circuit, acquisition of Ascent Circuits and Shogini, and Major PCB/PCBA capacity additions position Amber as a large-scale PCB and EMS integrator in India. The company publicly disclosed phased capex (Korea Circuit first phase ~INR1,200 crores) and land allotments totalling 100 acres at Jewar, demonstrating strategic scale.

Larsen & Toubro has incubated semiconductor design-led businesses, is investing in semiconductor design capabilities, and explicitly references semiconductor projects and capex themes in its investor messaging; while not building fabs, L&T demonstrates clear strategic intent to participate materially in the semiconductor ecosystem through design, engineering and platform incubations domestically.

Sansera Engineering Ltd has materially entered the semiconductor equipment supply chain by commencing supply of semiconductor parts in FY25 and ramping volume in Q3FY26; the company disclosed targeted semiconductor production ramps in 2026 Q3–Q4 and dedicated ADS capacity with planned capex, demonstrating strategic intent to be a meaningful components supplier to semiconductor equipment OEMs.

Avalon Technologies Limited is a materially integrated participant in the electronics value chain, providing PCB assembly, box-build, magnetics, cable harnesses, sheet metal and system integration services across multiple high-precision industries. Avalon’s client wins in semiconductor equipment manufacturing, combined with design capabilities and >575k sq.ft manufacturing footprint across India and the US, confirm substantive exposure to the semiconductor and ESDM ecosystem.

Jyoti CNC Automation is actively targeting the semiconductor equipment supply chain with explicit R&D and product development for nano-precision machines and a stated plan to launch commercial semiconductor equipment within the next two years. The company is pursuing proprietary controllers, drives and motors under the Electronics Component Manufacturing/PLI ecosystem, demonstrating strategic scale intent to reduce import dependency and capture higher-value equipment revenues.

Midwest Limited is advancing into Ultra-High-Purity Quartz (HPQ) within its Quartz Phase II roadmap to supply feedstock for crucibles, optical glass and semiconductor applications; management explicitly accelerated HPQ into Phase II, targets 20k–25k tonnes initial HPQ scaling, and positions the company to supply higher-value electronics inputs — a strategic pivot with clear commercial intent and potential material revenue upside.

Solex has explicitly committed to upstream integration into solar cell, ingot and wafer production — targeting 2.2 GW cell capacity in 2027 and eventual 10 GW cell and 2 GW ingot/wafer capability — a material move into silicon device manufacturing that aligns with semiconductor supply chain objectives for PV cells.

Astra Microwave Products Limited operates a fabless MMIC design house (Aelius) and claims in‑house capability to develop GaN and GaAs MMIC products up to 40 GHz, supplying defense and space customers; this is material involvement in the semiconductor/electronics supply chain rather than mere pilot activity.

Gujarat Fluorochemicals Limited supplies high‑purity fluoropolymers (PFA, PTFE, PVDF) targeted at semiconductor applications and reports increasing demand and audits from semicon customers; management emphasised PFA uptake driven by global chip investments and disclosed investments in clean‑class capabilities and customer qualifications, signalling meaningful exposure to semiconductor supply chains beyond incidental sales.

Anupam Rasayan India Ltd. has articulated a deliberate strategy to grow high-purity polymer and electronic chemicals for semiconductors and advanced electronics, disclosing a ~$10B addressable TAM and commercialization of high-value polymer intermediates; Jayhawk acquisition further enhances access to semiconductor-related customers and high-purity manufacturing capabilities in the U.S., showing material commercial intent.

Vedanta Limited has made a clear strategic move into the semiconductor and display value chain by acquiring Vedanta Semiconductors Private Limited and Vedanta Displays Limited as wholly-owned subsidiaries in FY2024, signalling management’s intent to diversify beyond core metals into high-technology manufacturing and build vertically integrated electronics capabilities.

VL E-Governance is pursuing a transformational acquisition of a 40% equity stake in HAL-Edgewood Technologies Private Limited (HETL), a JV with HAL that designs and manufactures mission computers and avionics; this transaction signals VL E-Governance’s material strategic shift into high-end electronics and embedded systems manufacturing, not just software services or integration.

PI Industries has proactively forayed into electronic chemicals, commercialising multiple molecules and adding customers from Japan and Europe targeting semiconductor and high-end electronics applications. PI Industries is investing in capability expansion and dedicated multipurpose capacity that positions the company as a specialist supplier into the semiconductor chemicals supply chain at a material and strategic level.

Centum Electronics has expanded meaningful exposure into the semiconductor equipment supply chain by qualifying roughly 65 part numbers and commencing serial production for a major capital equipment customer, which positions Centum Electronics as an EMS partner to semiconductor capital goods makers rather than a consumer electronics assembler.

Remi Edelstahl Tubulars Limited has executed a strategic technology acquisition and partnership with WSG to manufacture ultra-high purity (UHP) and high-precision tubes explicitly targeted at semiconductor process equipment and microelectronics supply chains. This shows clear commercial intent to enter semiconductor-grade components, moving beyond commodity stainless steel into high-margin, specification-driven electronics markets.

DCX Systems Limited demonstrates material involvement in electronics manufacturing through its backward integration into PCBA via Raneal Advanced Systems, delivering electronic manufacturing services (EMS) for defence and civilian applications. This captive PCBA capability and ongoing commercial production make DCX a meaningful participant in the electronics supply chain with scalable manufacturing and component assembly expertise.

The company has articulated an intention to develop indigenously designed edge AI chips for surveillance and edge computing, supporting its edge data‑centre and AI platform strategy; this indicates a move into semiconductor design and edge hardware integration rather than purely software services, with strategic implications for product differentiation and margin capture.

LTTS has built material semiconductor and electronics capability via acquisitions (Esencia, Graphene) and dedicated Centers of Excellence for ASIC and semiconductor design, alongside multi‑million dollar verification and design contracts. L&T Technology Services is actively growing its semiconductor and tech‑infra account base, making semiconductors a strategic revenue vertical rather than a nominal practice area.