Top 11 Semiconductor Companies in India 2022

Semiconductors are an integral part of all electronic devices we use. From computers, home appliances to automobiles, semiconductors are used to power their products in every industry. However, a chip shortage has been witnessed over the past year that has caused a delay in delivery and price hike of multiple products across the globe. The severity of the chip shortage is affecting even technology giants like Samsung, which had to delay the launch of its flagship smartphone, and bike manufacturing company Royal Enfield is facing serious late delivery issues. Building new semiconductor manufacturing facilities is a highly costly affair that has also worsened the chipset shortage globally. To tackle this rising issue, the Government of India recently approved a new Rs 76,000 crore production linked incentive scheme for semiconductor manufacturing. This initiative will allow global semiconductor manufacturers to open production facilities in the country to make India a hub for semiconductor manufacturing. This article will provide a detailed list of top semiconductor companies in India 2022. 

1. Bharat Electronics Limited 

Bharat Electronics Limited is India’s one of the oldest semiconductor manufacturing companies founded in 1954. It was established in Bengaluru, which used to design communication equipment and germanium semiconductors in its early days. The company started manufacturing semiconductors in 1962. Since its establishment, the company has brought in various innovations in semiconductor manufacturing and has become one of the leading semiconductor manufacturers in India. 

2. NXP Semiconductors 

NXP Semiconductors is one of the largest semiconductor companies in India that has made its presence felt for the last 50 years in the country. It is a multinational semiconductor manufacturing company with its headquarters in the Netherlands. Current NXP Semiconductors have four sites in India at various locations like Bengaluru, Noida, Pune, and Hyderabad. The company has a workforce of over 2500 engineers and has filed more than 500 patents over the years. According to NXP Semiconductors, their prime focus is to develop innovation for the automobile, IoT, and smartphone industries. 

The Noida Center of NXP Semiconductors specializes in designing, validating, and enabling, specifically around automotive and edge processing. At the same time, the Bengaluru unit is a hub of innovation for NXP’s connectivity, security, advanced analog and radio frequency products, with the automotive and IoT markets as key drivers. The core team of NXP Bengaluru is experts in SoC, IP, and system-level design. NXP acquired Marvell’s wireless business in 2019 to open its new center in Pune. The acquisition allows NXT to further widen its expertise in end-to-end Wireless LAN and Bluetooth solutions at its Pune center. 

The Hyderabad division of NXP specializes in the company’s edge processing and advanced analog businesses. The plant also develops and manufactures SoCs for the automotive industry to help connect vehicle systems more efficiently.

3. Broadcom 

Broadcom is one of the world’s largest fabless semiconductor manufacturers having its headquarters in the United States. The company has a manufacturing hub in Bengaluru, India, which is a premier semiconductor manufacturing center in the country. The Indian branch of Broadcom performs various operations involved in semiconductor manufacturing, including designing, development, and fabrication. The company was founded back in 1991 and acquired by Avago Technologies in 2016. Apart from semiconductor manufacturing units, Broadcom provides various other services like data centers, smartphone component manufacturing, and many more. Last year, Broadcom also announced its plans to buy analytics software company SAS Institute.

4. Samsung Semiconductor

Samsung Semiconductors India is in the Samsung Research and Development center located in Bengaluru, Karnataka. Samsung not only develops products and applications for its own devices, but also provides services to various clients through its Indian R&D center. The chip manufacturing company was originally established in 1983 and had its headquarters in the United States. It is a fabless semiconductor company that offers multiple services such as designing application-specific integrated circuits (ASIC) and several more involved in semiconductor manufacturing. The semiconductors designed by Samsung are world-class and are used in multiple electronic devices, including smartphones, computers, and various others, making it a leading semiconductor company in India.  

5. Micron Technology 

Micron Technology is an American semiconductor and computer products manufacturing company that has its office in Bengaluru, India. The company specializes in developing cum manufacturing SoCs for various computer products, including storage, flash drives, RAM, and many more. Micron Technology uses DRAM technology to design and manufacture microchips. A globally acclaimed semiconductor manufacturer Micron Technology had earlier collaborated with technology giant Intel IM Flash Technologies. Additionally, the company’s consumer products are sold under the brand name Crucial and Ballistix.    

6. Wipro 

Wipro is a world-renowned multinational company having its headquarters in Bengaluru, India. It is currently one of the top semiconductors companies in India. The EngineeringNXT team of the company has been developing and manufacturing top-notch microchips in the country for several years. According to Wipro, the company provides 8 of the top 10 semiconductor companies with transformational technology-led solutions for various departments, including product development, IT infrastructure, cloud transformation, new-age semiconductor technology, engineering, and many more. The company’s highly advanced 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 acquired a massive client base that relies on Wipro’s expertise in semiconductor manufacturing. 

7. Sankalp Semiconductor

Sankalp Semiconductors is a division of HCL Technologies Company that provides complete end-to-end semiconductor service. Founded in 2005 with its headquarters in Hubli, Karnataka, Sankalp Semiconductors has become one of India’s leading chip designing companies. The company is capable of transforming concepts into prototypes in the semiconductor industry. Sankalp Semiconductors offers various services to its clients, including digital, analog, high-speed physical interface IP, Embedded Memory Compiler, and EDA modeling. Apart from India, the company has its centers in various countries, including the United States, Canada, and Germany. Sankalp Semiconductor has a massive client base from multiple industries such as automobile, consumer electronics, IoT, medical electronics, and many more. 

8. Solex

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

9. Semtronics MicroSystems

Semtronics MicroSystems is a fabless semiconductor company located in Bengaluru. The semiconductor manufacturing company was founded by Avinash Brahma and Mahendra Karanam in 2010. Semtronics Micro Systems specializes in developing and manufacturing integrated circuits from the power, automotive, and communication industries. The company’s strengths are its expertise in system definition in power management, rapid market launch, focused customer relationships, and integrated circuit capabilities in mixed-signal engineering. The highly talented and capable team of Semtronics MicroSystems allows it to achieve recognition in the field of mixed-signal engineering. 

10. Applied Materials 

Applied Materials is a United States-based semiconductor manufacturing company founded in 1967 that has its office in Bengaluru. The Indian subsidiary of Applied Materials has fueled the growth of semiconductor designing and manufacturing in the country over several years. The company specializes in manufacturing and designing semiconductors for various products, including displays, smartphones, televisions, solar panels, and many others. Apart from India, the company also operated numerous facilities in countries like Japan, Israel, China, Italy, Korea, etc. The company provides various services such as removal, addition, and modification of integrated circuits, making it an all-in-one service provider for chip designing and fabrication. 

11. TSMC

Taiwan Semiconductors Manufacturing Company (TSMC) is one of the world’s leading chip manufacturers. According to recent developments, the Indian and Taiwanese governments are in close talk to open a manufacturing facility of TSMC in India as a step to further expand the two-way economic engagement. The yet to be established manufacturing hub will skyrocket the growth of semiconductor designing and manufacturing in India. TSMC is a large-scale manufacturer of semiconductors that has supplied world-leading companies like Apple. Setting up the TSMC manufacturing facility in India will attract customers from various parts of the world, including the United States, helping India become a global hub for semiconductor manufacturing.