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The Gujarat edition · 2026

Semiconductorscompanies in Gujarat

Semiconductor design, sensors, PCBs, electronics manufacturing, embedded & IoT and more: the companies building semiconductors in Gujarat, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
206 company profiles41 with reported revenue2 with recorded fundingOctober 2026 edition

Recent semiconductors business events in India

Funding, M&A, contract wins and launches involving 2,514 semiconductors companies in India, last 24 months: 53 Contracts · 47 M&A deals · 39 funding rounds · 8 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Alfa transformers · client: TP Southern Odisha Distribution (TPSODL)

Alfa Transformers has secured contract worth around Rs 3.00 crore from TP Southern Odisha Distribution (TPSODL) on May 20, 2026. The contract involves supply of various capacity of…

Electrical
FundingSeries X

Morphing machines

Semiconductor startup Morphing Machines raised $4.4 million to advance its reconfigurable processor technology, targeting high‑performance computing use cases.

Investors Na
Semiconductors
FundingSeries A

Morphing machines

Semiconductor startup Morphing Machines has raised about ₹42 Cr (about $4.4 Mn) as part of its Series A funding round to close the fundraise at ₹80 Cr.

Investors Hero Enterprise Partner Ventures, Colossa Ventures, Navam Capital
Semiconductor
ContractTechnology

Avalon · client: LG Energy

Related Avalon and LG Energy sign MOU to boost Ont.’s lithium battery supply

Lithium battery supply
ContractInfrastructure

Polymatech electronics · client: SIPCOT

Polymatech Electronics Limited (“Polymatech”) today announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park...

Medical devices
M&AAcquisition · Announced

Moschip technologies limited acquires Vayavya labs

MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of ₹245.49 crore, the company said in an…

Semiconductor, automotive communication, consumer electronics
ContractSupply

Vinyas innovative technologies · client: HAL-Korwa

Vinyas Innovative Technologies has entered into a Long-Term Agreement (LTA) with HAL-Korwa for the supply of electronic systems.

Defence
M&AAcquisition · Announced

Quest global acquires Bitsilica

Quest Global, the world’s largest independent pure-play engineering services company, announced the acquisition of BITSILICA, an India-based semiconductor design services company.

Semiconductor Design Services
M&AMerger · Completed

Larsen & Toubro Semiconductor Technologies Limited (LTSCT) acquires Siliconch systems

Larsen & Toubro (L&T) has announced the successful completion of the merger of its step-down subsidiary, SiliConch Systems Private Limited (SSPL), into L&T Semiconductor Technologies…

Semiconductor
ContractSupply

Advanced Rail Controls · client: Indian railways

Concord Control Systems Limited has secured an order worth Rupees 84.68 crore from Indian Railways through its subsidiary on March 26, 2026.

Railway
ContractInfrastructure

Polymatech electronics · client: Government of Chhattisgarh

Polymatech announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park,

Medical Devices Manufacturing
ContractInfrastructure

Government of Chhattisgarh · client: Polymatech electronics

Polymatech Electronics Limited, India’s leading semiconductor manufacturer on Monday announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park

Medical Devices Manufacturing
FundingSeed

Aheesa Digital Innovations Private Limited

Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC), an investment management firm backed by the government of Tamil Nadu, has invested Rs 200 million in Chennai based fabless…

Investors Tamil Nadu Infrastructure Fund Management Corporation
Semiconductor
M&AAcquisition · Completed

Karkhana acquires Micron ems tech pvt ltd

Manufacturing startup Karkhana has completely acquired Micron EMS Tech Pvt Ltd, an electronics manufacturing company based in Bengaluru.

Electronics manufacturing
M&AAcquisition · Completed

Karkhana acquires Micron EMS Tech

B2B contract manufacturing startup Karkhana has acquired electronics manufacturing services (EMS) firm Micron EMS Tech for an undisclosed amount.

Electronics manufacturing services
Funding

Sfo technologies

Kochi-headquartered electronics manufacturing services company SFO Technologies has raised approximately $82 million in a funding round led by growth-stage private equity fund Trident…

Investors Trident growth partners, Amicus Capital Partners, Anicut Continuum Equity Fund, HDFC AMC Select AIF FOF-1
Electronics Manufacturing Services
ContractTechnology

Bharat forge · client: Vvdn technologies

Bharat Forge and VVDN Technologies have signed an memorandum of understanding (MoU) to explore collaboration across automotive, defence, and data centre sectors.

Automotive, Defence, Data Centre
FundingSeries A

Vervesemi

Fabless Semiconductor startup Vervesemi has raised $10 million in a series A round led by ace market investor Ashish Kacholia and Unicorn India Ventures. The round also saw participation…

Investors Ashish Kacholia, Unicorn india ventures, Roots Ventures, Caperize Fina
Semiconductors
FundingPrivate equity

Mefron technologies

Ahmedabad-headquartered Mefron Technologies, an electronics design and manufacturing services (EMS) company, has raised its maiden private equity round for an undisclosed amount from…

Investors Motilal Oswal Principal Investments, India sme investments
Electronics manufacturing services
M&AAcquisition · Completed

Bcc fuba india acquires Iogems Technologies Private Limited

BCC Fuba India Limited has successfully completed the acquisition of a majority stake in Iogems Technologies Private Limited, marking a strategic expansion into the Electronic…

Electronic Manufacturing Services
ContractService

Digicomm · client: Felix Plaza

The Group’s digital arm, Digicomm Marketing Services LLP (DigiComm), has bagged the digital marketing mandate for Felix Plaza, ensuring integrated outreach across PR & communication and…

Real Estate
M&AAcquisition · Announced

Milexia acquires Syratron Technologies

Milexia has entered into a definitive agreement to acquire Syratron Technologies Private Ltd, an Indian distributor of electronic solutions, marking the company’s expansion beyond Europe…

Electronics
FundingSeed

Sensesemi Technologies Private Limited

Sensesemi Technologies Private Limited, a DLI-approved fabless semiconductor startup, has raised INR 25 crore (approximately USD 2.75 million) in a seed funding round led by Piper Serica.

Investors Piper Serica, LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC
Semiconductors
FundingSeries B

CoreEL Technologies

Across the border in India, Bengaluru-based defence electronics firm CoreEL Technologies secured $30 million in a Series B round. Led by ValueQuest Scale Fund with participation from 360…

Investors ValueQuest Scale Fund, 360 ONE Asset
Defense electronics / Aerospace
M&AAcquisition · Completed

Virtusa acquires Smartsoc solutions

Virtusa Corporation bought Bengaluru-based SmartSoC Solutions, a firm specialising in chip engineering and integrated circuit (IC) design services

Chip engineering and IC design
M&AMerger · Announced

Avalon acquires YOOV Group Holding Limited

This communication relates to the proposed merger (the “proposed Merger”) of Avalon and YOOV Group Holding Limited (“YOOV”).

Precision diagnostic consumer products
FundingQIP

Centum electronics

However, only one company in this list, Centum Electronics, has doubled from its QIP issue price, with returns of 101% so far.

Investors Na
FundingFunding round (unspecified)

CoreEL Technologies

Defence electronics firm CoreEL Technologies has raised $30 million to strengthen its R&D capabilities, develop next-generation defence products, and expand its market presence.

Investors Na
Defence electronics / Technology

Semiconductors companies in Gujarat, by revenue

Browse semiconductors companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 semiconductors companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 41

Manufacturer of consumer electronics and components

Printed circuit boards
₹906.78 crFY 2024-25
-1%2024–2025
373LinkedIn · Oct 2026
23 yr2003
0none in 3 months · last posted Jun 2026

Manufacturer of laser cutting, welding, engraving, cleaning, and marking systems

Photonics
₹180.24 crFY 2024-25
+2%2024–2025
627LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Provider of aluminium ingots wire rod cable conductor

Semiconductor and photonic materials
₹160.96 crFY 2022-23
Not reported
3LinkedIn · Oct 2026
64 yr1962
—No postings tracked

Manufacturer of leaded and lead-free solder wire and solder paste

Electronic components
₹149.03 crFY 2023-24
+1%2023–2024
57LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufacturer and supplier of coils and torodial & instrument transformers

Electronic components
₹144.82 crFY 2024-25
+64%2024–2025
23LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of electronic products and cable assemblies

Electronic manufacturing services
₹79.95 crFY 2024-25
+192%2024–2025
127LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of design solutions for the semi-conductor industry, specializing in welding, high purity, gas panels, control boxes, valving, pump stands, and controls

Semiconductor design and manufacturing services
£4.85mJul 2022
+22%2021–2022
10+43% 12 mo to Jul 2021recorded Jul 2021
30 yr1996
0none in 3 months

Manufacturer & supplier of electronic components and PCBs

Printed circuit boards
₹46.79 crFY 2022-23
Not reported
236-13% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
—No postings tracked

Developer of software for protein and antibody engineering and optimization

Electronic components
₹41.89 crFY 2024-25
-12%2024–2025
—Not available
26 yr2000
0none in 3 months

Designs and manufactures sensors and electro technical components

Electronic manufacturing services
₹33.99 crFY 2021-22
Not reported
31+7% 12 mo to Sep 2024recorded Sep 2024
60 yr1966
—No postings tracked

Manufacturer of distribution transformers, oil-filled transformers, cast resin dry-type transformers, and substations

Electricity transmission & distribution equipment
₹38.08 crFY 2024-25
+48%2024–2025
16LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of LED drivers, components, SMD, COB LEDs, and MCPCB solutions

Analog and mixed signal ics
₹36.29 crFY 2024-25
-19%2024–2025
38LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Manufacturer of sensors and controller for multiple industrial applications

Sensors
₹19.08 crFY 2021-22
Not reported
—Not available
33 yr1993
—No postings tracked

Manufacturer of cutting-edge flow and level measuring instruments

Industrial automation equipment
₹20.99 crFY 2024-25
-38%2024–2025
44LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of embedded product design, development, and services

Semiconductor design and manufacturing services
₹15.23 crFY 2024-25
+22%2024–2025
75-16% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of semiconductor design and manufacturing services

Semiconductor design and manufacturing services
₹11.67 crFY 2021-22
-19%2021–2022
30LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Product Engineering, Embedded Hardware & Software Development | Glide Technology

Iot services
₹12.73 crFY 2024-25
+5%2024–2025
84+18% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jul 2026

Provider of complex and custom synthesized organic molecules for research purposes

Electronic components
₹11.23 crFY 2024-25
-13%2024–2025
12LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Diverse display systems

Display technology
₹8.56 crFY 2024-25
+3%2024–2025
—Not available
29 yr1997
0none in 3 months

Develops temperature sensing components

Sensors
₹6.86 crFY 2024-25
+8%2024–2025
—Not available
17 yr2009
0none in 3 months

Manufacturer of remote control switches, LED display boards, and digital timer switches

Display services
₹4.96 crFY 2024-25
+65%2024–2025
—Not available
14 yr2012
0none in 3 months

Sensor manufacturer for multiple parameters

Sensors
₹3.59 crFY 2024-25
-4%2024–2025
25LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Semiconductor distributor and supply-chain solutions provider

Semiconductor design and manufacturing services
₹2.88 crFY 2024-25
-11%2024–2025
—Not available
35 yr1991
0none in 3 months

Manufacturer of research and testing equipment

Electronic test equipment
₹2.55 crFY 2024-25
-34%2024–2025
8LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Company that provides embedded product design, PCB design, and embedded software development services to clients globally, with expertise in IoT, automotive, and industrial electronics

Printed circuit boards
₹2.52 crFY 2024-25
-1%2024–2025
—Not available
15 yr2011
0none in 3 months
41 of 206 companies shown here · the full list is on Radar
Fliar Radar

Explore all 206 semiconductors companies in Gujarat on Radar

This page shows the top 41. Radar has the complete, filterable list with contacts and live company signals.

Open semiconductors in Gujarat on Radar
  • Every company, not just 50All 206 semiconductors companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore semiconductors companies in Gujarat by what you are looking for

Browse top semiconductors companies in Gujarat, from sensor and PCB manufacturers to semiconductor design services and electronics manufacturing. Find semiconductors startups in Gujarat and companies hiring across components, embedded systems and photonics.

8 ways to explore semiconductors in Gujarat

Semiconductor design & manufacturing services companiesSensor manufacturersPrinted circuit board (PCB) manufacturersElectronic manufacturing services & component companiesEmbedded systems & IoT development companiesPhotonics, display & advanced materials companies

Semiconductor design & manufacturing services companies

Companies offering chip design, VLSI and semiconductor manufacturing services.

  1. Design Solutions

    Provider of design solutions for the semi-conductor industry, specializing in welding, high purity, gas panels, control boxes, valving, pump stands, and controls

    Semiconductor design and manufacturing services
    See in list
  2. Power Palazzo

    Manufacturer of LED drivers, components, SMD, COB LEDs, and MCPCB solutions

    Analog and mixed signal ics
    See in list
  3. Aarohi Embedded Systems

    Provider of embedded product design, development, and services

    Semiconductor design and manufacturing services
    See in list
  4. Monk9 Tech

    Provider of semiconductor design and manufacturing services

    Semiconductor design and manufacturing services
    See in list
  5. RA Electronics

    Semiconductor distributor and supply-chain solutions provider

    Semiconductor design and manufacturing services
    See in list
46 companies in GujaratAll 235 semiconductor design and manufacturing services companies in India →

Sensor manufacturers

Makers of temperature, pressure, flow and other industrial sensors.

  1. Katlax

    Manufacturer of sensors and controller for multiple industrial applications

    Sensors
    See in list
  2. Flowtech Measuring Instruments

    Manufacturer of cutting-edge flow and level measuring instruments

    Industrial automation equipment
    See in list
  3. Hi Temp Solutions

    Develops temperature sensing components

    Sensors
    See in list
  4. Pavan Industries

    Sensor manufacturer for multiple parameters

    Sensors
    See in list
  5. Recos Sensors & Control

    Manufacturer of thermocouples, digital panel meters, and other industrial sensors

    Sensors
    See in list
32 companies in GujaratAll 178 sensors companies in India →

Printed circuit board (PCB) manufacturers

PCB design, fabrication and assembly companies.

  1. Meena Circuits

    Manufacturer & supplier of electronic components and PCBs

    Printed circuit boards
    See in list
  2. Syntrons Technologies

    Company that provides embedded product design, PCB design, and embedded software development services to clients globally, with expertise in IoT, automotive, and industrial electronics

    Printed circuit boards
    See in list
  3. Analog Technologies

    Manufacturer of PCB

    Printed circuit boards
    See in list
  4. PCB Power Market

    Manufacturer of PCB layout, fabrication, stencil, assembly, and more

    Printed circuit boards
    Website
  5. Metro Electronics

    Manufacturer of printed circuit boards

    Printed circuit boards
    Website
23 companies in GujaratAll 93 printed circuit boards companies in India →

Electronic manufacturing services & component companies

Contract electronics manufacturers and makers of electronic components.

  1. Genus Electrotech

    Manufacturer of consumer electronics and components

    Printed circuit boards
    See in list
  2. Mefron

    Manufacturer of electronic products and cable assemblies

    Electronic manufacturing services
    See in list
  3. NITech

    Offers electronic products manufacturing services

    Electronic manufacturing services
    Website
  4. Sales & Service Corp

    Designs and manufactures sensors and electro technical components

    Electronic manufacturing services
    See in list
  5. Glide Technology

    Product Engineering, Embedded Hardware & Software Development | Glide Technology

    Iot services
    See in list
78 companies in GujaratAll 226 electronic manufacturing services companies in India →

Embedded systems & IoT development companies

Embedded hardware, firmware and IoT product development firms.

  1. Glide Technology

    Product Engineering, Embedded Hardware & Software Development | Glide Technology

    Iot services
    See in list
  2. Vicharak

    Provider of CPU limitations and redefine hardware adaptability

    Edge computing
    See in list
  3. Bits & Board Technologies

    Provider of customized electronics solutions for industrial automation and machine manufacturers

    Iot services
    Website
  4. Havi

    Manufacturer of DIY robotics kits and STEAM toys. These products are designed for children and adults, fostering engagement and STEM education through hands-on creation and play. The kits cover various projects, from robotic cars and sensors to smart lighting systems. A selection of tabletop games and card games complements the robotics offerings, providing additional creative and educational play opportunities. The company aims to inspire creativity and learning through playful engagement.

    Iot services
    Website
  5. Safal Embedded Solution

    Provider of software embedded solution for multiple applications

    Embedded systems
    Website
14 companies in GujaratAll 83 embedded systems companies in India →

Photonics, display & advanced materials companies

Companies in photonics, displays, nanotechnology and semiconductor materials.

  1. SLTL

    Manufacturer of laser cutting, welding, engraving, cleaning, and marking systems

    Photonics
    See in list
  2. Palco Metals

    Provider of aluminium ingots wire rod cable conductor

    Semiconductor and photonic materials
    See in list
  3. SAS Power Semiconductor Devices

    Manufacturer of the discrete semiconductor components

    Semiconductor and photonic materials
    Website
  4. RCS Display

    Diverse display systems

    Display technology
    See in list
  5. Nakalank Digital India

    Manufacturer of remote control switches, LED display boards, and digital timer switches

    Display services
    See in list
19 companies in GujaratAll 109 nanotechnology companies in India →

Semiconductors startups in Gujarat

Newer semiconductors companies in Gujarat founded in recent years.

  1. Mefron

    Manufacturer of electronic products and cable assemblies

    Electronic manufacturing services
    See in list
  2. Alankrit

    Provider of indoor, outdoor, and commercial LED wall display solutions

    Display technology
    See in list
  3. SiVector Technology

    ASIC DFT engineering services company specializing in VLSI semiconductor design.

    Semiconductor design and manufacturing services
    See in list
  4. Indiesemic

    Manufacturer of customized chips and RF modules for various industries

    Electronic design automation tools
    See in list
  5. Analog Technologies

    Manufacturer of PCB

    Printed circuit boards
    See in list
22 companies in Gujarat

Semiconductors companies hiring in Gujarat

Semiconductors companies in Gujarat with open roles right now.

  1. Genus Electrotech

    Manufacturer of consumer electronics and components

    Printed circuit boards
    See in list
  2. Glide Technology

    Product Engineering, Embedded Hardware & Software Development | Glide Technology

    Iot services
    See in list
  3. Indiesemic

    Manufacturer of customized chips and RF modules for various industries

    Electronic design automation tools
    See in list
  4. Vicharak

    Provider of CPU limitations and redefine hardware adaptability

    Edge computing
    See in list
  5. Vikin Electronics

    Contract manufacturer of electronics offering design, prototyping, assembly, testing, and box build services

    Electronic manufacturing services
    See in list
8 companies in Gujarat
Mobile reach

Top 4 semiconductors apps from Gujarat

The most-installed Android apps published by semiconductors companies headquartered in Gujarat — 3K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
The business behind the activity

Semiconductors financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 38 semiconductors companies in Gujarat for FY24-25 — 46 of the 206 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 85% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,590.77 cr

38 companies filing accounts

combined net profit₹56.70 cr

3.6% aggregate margin

are profitable71%

27 of 38 companies

median revenue~₹2.6 cr

the typical company

median revenue growth+2%

into FY24-25

earned by the top five85%

revenue concentration

Six-year view

Combined revenue of filing companies

₹746.56 crFY19-2027 filers
₹881.71 crFY20-2131 filers
₹1,119.97 crFY21-2231 filers
₹1,006.36 crFY22-2331 filers
₹1,758.18 crFY23-2439 filers
₹1,590.77 crFY24-2538 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 27 companies over three years

+103%
FY22-23₹778.37 cr₹38.55 cr net
FY23-24₹1,499.55 cr₹47.22 cr net
FY24-25₹1,577.48 cr₹63.16 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1030% profitable
₹1–10 cr1694% profitable
₹10–100 cr978% profitable
₹100–1,000 cr367% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking16
0–20%8
20–50%2
50–100%3
Doubled+6

35 companies with accounts for both years; median growth +2%.

Profitability

Profit is concentrated at the top

27profitable
11loss-making
3.6%aggregate margin
1.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED+190%₹79.27 cr
Amtran MagneticsAMTRAN MAGNETICS PRIVATE LIMITED+64%₹144.82 cr
Aarohi Embedded SystemsAAROHI EMBEDDED SYSTEMS PRIVATE LIMITED+22%₹15.23 cr
Sales & Service CorpSSC CONTROL PRIVATE LIMITED+6%₹48.70 cr
Glide TechnologyGLIDE TECHNOLOGY PRIVATE LIMITED+5%₹12.48 cr
SLTLSAHAJANAND LASER TECHNOLOGY LIMITED+2%₹180.24 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Amtran MagneticsAMTRAN MAGNETICS PRIVATE LIMITED29.6%₹144.82 cr
Power PalazzoPOWER PALAZZO PRIVATE LIMITED7.6%₹36.29 cr
Flowtech Measuring InstrumentsFLOWTECH MEASURING INSTRUMENTS PRIVATE LIMITED7.6%₹20.99 cr
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED7.4%₹79.27 cr
Zephyr SynthesisZEPHYR SYNTHESIS PVT LTD6.7%₹11.23 cr
Motif EngineersMOTIF ENGINEERS PRIVATE LIMITED6.0%₹41.89 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Printed circuit boards6₹953.57 cr~₹2.6 cr83%0.6%
Electronic manufacturing services5₹130.55 cr~₹1.4 cr60%3.9%
Semiconductor design and manufacturing services6₹20.61 cr~₹83 lakh67%-21.3%
Leaders

Largest semiconductors companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Genus ElectrotechGENUS ELECTROTECH LIMITED₹906.78 cr₹16.11 cr1.8%-1%
SLTLSAHAJANAND LASER TECHNOLOGY LIMITED₹180.24 cr−₹1.02 cr-0.6%+2%
Amtran MagneticsAMTRAN MAGNETICS PRIVATE LIMITED₹144.82 cr₹42.89 cr29.6%+64%
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED₹79.27 cr₹5.90 cr7.4%+190%
Sales & Service CorpSSC CONTROL PRIVATE LIMITED₹48.70 cr−₹16.26 lakh-0.3%+6%
Motif EngineersMOTIF ENGINEERS PRIVATE LIMITED₹41.89 cr₹2.52 cr6.0%-12%
Meena CircuitsMEENA CIRCUITS PRIVATE LIMITED₹39.09 cr−₹10.29 cr-26.3%-19%
Power PalazzoPOWER PALAZZO PRIVATE LIMITED₹36.29 cr₹2.77 cr7.6%-19%
Flowtech Measuring InstrumentsFLOWTECH MEASURING INSTRUMENTS PRIVATE LIMITED₹20.99 cr₹1.59 cr7.6%-38%
Aarohi Embedded SystemsAAROHI EMBEDDED SYSTEMS PRIVATE LIMITED₹15.23 cr₹67.84 lakh4.5%+22%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Semiconductors Industry Landscape of India

The financials above are one chapter. The full semiconductors landscape of Gujarat maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the semiconductors landscape of Gujarat
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Semiconductors funding and M&A across India

279 recorded equity rounds have gone to 2,514 semiconductors companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months20

US$177.23m

equity rounds, last 24 months53

US$569.44m

raised over five yearsUS$848.77m

140 rounds in India

M&A deals, India47

last 24 months

Capital by year

Equity funding into semiconductors in India

amount rounds
$6.7m201813
$44m201914
$18m202017
$45m202115
$8.5m202216
$144m202325
$92m202435
$413m202531
$147m202618

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$412.90m across 31 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$7.88m21 rounds · median US$107k
SeedUS$97.87m83 rounds · median US$646k
Series AUS$119.04m18 rounds · median US$6.16m
Series BUS$47.72m4 rounds · median US$7.41m
Series CUS$69.93m5 rounds · median US$15.43m
Series D+US$274.33m7 rounds · median US$30.12m
Private equityUS$232.00m2 rounds · median US$116.00m
Where the money went · five years

Most-funded sub-sectors

Semiconductor design and manufacturing servicesUS$292.59m15 rounds · 8 companies
Electronic manufacturing servicesUS$240.65m18 rounds · 8 companies
Manufacturing servicesUS$82.00m1 rounds · 1 companies
Embedded systemsUS$58.66m15 rounds · 6 companies
Analog and mixed signal icsUS$53.05m9 rounds · 5 companies
SensorsUS$26.88m13 rounds · 6 companies
Electronic design automation toolsUS$16.75m10 rounds · 4 companies
Corporate activity · last 24 months

M&A in India

42Acquisition
4Merger
1Buyout

Most active acquirers

  1. Dixon technologies7
  2. Kaynes technology6
  3. Avalon3
  4. Syrma sgs technology3
  5. Sasken3

Most acquired or merged

  1. Iskraemeco India3
  2. Siliconch systems2
  3. Smartsoc solutions2
  4. Ksolare2
  5. Tessolve2

Each deal appears in the events strip at the top of the page.

Go deeper in the semiconductors landscape reports:

Semiconductors Industry Landscape of India

Founders and momentum in Gujarat

Meet the people behind semiconductors companies in Gujarat. 50 of 206 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat semiconductors companies by sub-sector

The most common specialisations among semiconductors companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring semiconductors in India and nearby markets.

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