Latest news with #Semicon2.0
India.com
a day ago
- Business
- India.com
Jackpot for THESE 5 companies as India set to become Semiconductor Powerhouse, Modi government plans to attract..., domestic players to...
(Representational image: New Delhi: The Narendra Modi government is planning to capture a 5 percent share in global chip production by 2024 under 'Semicon 2.0'. In 2021, India announced a USD 10 billion (approximately ₹83,000 crore) incentive package to develop its semiconductor ecosystem. Now, the funds have begun to be allocated, and five projects related to chip fabrication, OSAT, and ATMP have been approved under this scheme. 5 Companies Likely to Benefit the Most The main motive of the Indian government is not only to attract global chip companies but also to boost domestic players. If the government manages to implement the plan accordingly, major investment opportunities could open up in India's semiconductor value chain. Here are five stocks that could benefit from this transformation: 1. IZMO IZMO is known for interactive marketing and visualization technology in the automotive sector. Over the years, it has also made inroads into semiconductor packaging. 2. MosChip Technologies MosChip is a key player in India's semiconductor design ecosystem. 3. Cyient With over 30 years of experience in engineering and technology solutions, Cyient is now emphasizing semiconductor design. 4. HCL Technologies One of India's top IT companies, HCL Technologies is now expanding into semiconductor design and testing. 5. Tata Electronics (Unlisted) This Tata Group company is building India's first commercial semiconductor fabrication plant in Dholera, Gujarat. These companies, both listed and unlisted, are well-positioned to gain from India's ambitious semiconductor roadmap.
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Business Standard
18-05-2025
- Business
- Business Standard
Semicon 2.0: India eyes 5% slice of global semiconductor chip pie by 2030
A senior official in the Ministry of Electronics and Information Technology (Meity) said: "We have just begun and have a long road ahead Surajeet Das Gupta New Delhi Listen to This Article The central government is aiming for a 5 per cent share of global semiconductor chip production by the end of 2030 as it readies for the next phase of the India Semiconductor Mission — Semicon 2.0. It has already committed disbursements from the $10 billion it earlier announced as incentives for prospective semiconductor fabrication (fab) players, as well as Outsourced Semiconductor Assembly and Test (OSAT) and Assembly, Testing, Marking, and Packaging (ATMP) companies. As many as five projects are already eligible under the scheme. A senior official in the Ministry of Electronics and Information Technology (Meity) said: 'We have just
