Company lists
The India edition · 2026

Semiconductorscompanies in India

Chip design, components, EMS & PCB, sensors, embedded & IoT and more: the companies building semiconductors in India, with their founders, funding, team size and business models.

2,097 company profiles748 with reported revenue89 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

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 India, by revenue

Browse semiconductors companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 748 semiconductors companies in India 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 50

Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries

Semiconductor design and manufacturing services
₹66,600.60 crFY 2024-25
+1652%2024–2025
18,834LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of electronics manufacturing services

Direct selling
₹38,880.33 crFY 2024-25
+119%2024–2025
5,188-6% 12 mo to Jul 2024LinkedIn · Jul 2026
33 yr1993
5postings · last posted Sep 2026

Manufacturer of batteries, charger, headsets, and electric components

Electronic manufacturing services
₹18,199.33 crFY 2021-22
Not reported
1,922-91% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Jul 2026

Offers custom electronic manufacturing services

Electronic manufacturing services
₹17,439.98 crFY 2024-25
+5%2024–2025
3,100+45% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months

Provider of software, product engineering, and electronic manufacturing services & solutions

Electronic manufacturing services
₹3,864.58 crFY 2024-25
+78%2024–2025
8,326-3% 12 mo to Jun 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of ODM Plus solutions

Manufacturing services
₹2,892.97 crFY 2024-25
+7%2024–2025
5,316+10% 12 mo to Jul 2024LinkedIn · Jul 2026
36 yr1990
8postings · last posted Sep 2026

Manufacturer of paper insulated cables

Manufacturing services
₹2,431.20 crFY 2024-25
+19%2024–2025
991-13% 12 mo to Aug 2024recorded Aug 2024
7 yr2019
1postings · last posted Aug 2026

Manufacturer & Supplier of Home Appliances

Electronic manufacturing services
₹2,164.33 crFY 2022-23
Not reported
963-3% 12 mo to Jul 2024LinkedIn · Jul 2026
23 yr2003
1postings · last posted Aug 2026

Provider of product design, prototyping, PCB assembly, repair, and automatic tester development services

Electronic manufacturing services
₹2,092.14 crFY 2022-23
Not reported
2,595+69% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of electronic product creation

Electronic manufacturing services
₹1,902.93 crFY 2024-25
+73%2024–2025
744-72% 12 mo to Jan 2022LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of IOT solutions for integrated electronics manufacturing player

Electronic manufacturing services
₹1,860.54 crFY 2023-24
Not reported
1,887+9% 12 mo to Sep 2023LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Manufacturer, supplier, and exporter of aluminium conductors, LT power and control, and LT AB cables

Electronic manufacturing equipment
₹1,459.73 crFY 2024-25
+53%2024–2025
1,097+166% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Distributor of electronic components and solutions. It provides a wide selection of semiconductors, interconnects, passives, and electromechanical components. The company offers distribution solutions, logistics support, and customer support to facilitate timely delivery and compliance. It serves various application segments, including industrial, automotive, consumer, IoT, railways, medical, aerospace, and defense. The business model focuses on enabling customers to bring products to market efficiently.

Electronic components
₹1,444.46 crFY 2024-25
+39%2024–2025
249LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Jun 2026

Offers contract electronic manufacturing and PCB assembling services

Electronic manufacturing services
₹1,377.45 crFY 2024-25
+19%2024–2025
556+10% 12 mo to Jul 2024recorded Jul 2024
36 yr1990
0none in 3 months

Design and manufactures electronic components

Electronic components
₹1,168.81 crFY 2022-23
Not reported
—Not available
50 yr1976
1postings · last posted Jul 2026

Provider of design, engineering, manufacturing, and aftermarket services for electronic products.

Electronic manufacturing services
₹1,164.12 crFY 2024-25
+6%2024–2025
2,554+4% 12 mo to Jul 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Distributor of electronics components

Electronic components
₹1,117.48 crFY 2024-25
Not reported
255LinkedIn · Jul 2026
31 yr1995
0none in 3 months · last posted Jun 2026

Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications

Electronic manufacturing services
₹1,115.23 crFY 2024-25
+26%2024–2025
1,723+6% 12 mo to Mar 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer and supplier of plastic components to OEMs

Electronic manufacturing services
₹1,050.82 crFY 2023-24
Not reported
580-51% 12 mo to Sep 2024LinkedIn · Jul 2026
57 yr1969
0none in 3 months

B2B distributor of electrical products and automation solutions

Electronic components
₹1,070.52 crFY 2024-25
+20%2024–2025
533+55% 12 mo to Feb 2024recorded Feb 2024
7 yr2019
0none in 3 months

Manufacturer of consumer electronics and components

Printed circuit boards
₹906.78 crFY 2024-25
-1%2024–2025
374LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Jun 2026

Distributor of electronic components and provider of electronic solutions. This company offers a broad portfolio of active and passive components, LEDs, and electromechanical parts. They also develop and supply electronic solutions for various sectors, including automotive, industrial, and IoT applications. Their offerings encompass systems such as advanced vehicle tracking, smart locks, and battery management systems. The company's expertise extends to motor control and solar charging solutions.

Electronic components
₹810.46 crFY 2024-25
-2%2024–2025
140+23% 12 mo to Mar 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturers & exporters of rubber cables, UL extension cords, and other products

Electronic manufacturing services
₹790.41 crFY 2024-25
+33%2024–2025
3,000+417% vs previous recordrecorded
30 yr1996
0none in 3 months

Provider of mission‑critical embedded electronic systems and sensor‑centric solutions

Defense contractors
₹754.69 crFY 2024-25
+33%2024–2025
1,391+31% 12 mo to Jul 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufacturer of test and measuring instruments and industrial control products

Electronic test equipment
₹734.87 crFY 2024-25
+5%2024–2025
576+4% 12 mo to Aug 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months · last posted Jun 2026
50 of 2,097 companies shown here · the full list is on Radar
Fliar Radar

Explore all 2,097 semiconductors companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open semiconductors in India on Radar
  • Every company, not just 50All 2,097 semiconductors companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore semiconductors companies in India by what you are looking for

Browse semiconductors companies in India, from semiconductor design and manufacturing companies to electronic component makers and PCB manufacturers. Find top semiconductor companies in India for chips, sensors, displays and embedded systems.

9 ways to explore semiconductors in India

Semiconductor design & manufacturing companiesElectronic component makers & distributorsElectronics manufacturing services & PCB makersSensor manufacturersEmbedded systems & IoT hardware companiesDisplay, photonics & optical component companies

Semiconductor design & manufacturing companies

Companies that design chips, provide semiconductor services or make integrated circuits.

  1. Neolync

    Provider of electronic product creation

    Electronic manufacturing services
    See in list
  2. Centum Electronics

    Provider of design, engineering, manufacturing, and aftermarket services for electronic products.

    Electronic manufacturing services
    See in list
  3. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  4. Moschip

    Semiconductor design service provider

    Semiconductor design and manufacturing services
    See in list
  5. Mirafra Software Technologies

    Semiconductor design and embedded software development services

    Digital transformation services
    See in list

Electronic component makers & distributors

Manufacturers and suppliers of electronic parts and components.

  1. Smetgroup

    Distributor of electronic components and solutions. It provides a wide selection of semiconductors, interconnects, passives, and electromechanical components. The company offers distribution solutions, logistics support, and customer support to facilitate timely delivery and compliance. It serves various application segments, including industrial, automotive, consumer, IoT, railways, medical, aerospace, and defense. The business model focuses on enabling customers to bring products to market efficiently.

    Electronic components
    See in list
  2. TDK India

    Design and manufactures electronic components

    Electronic components
    See in list
  3. Millennium Semiconductors India

    Distributor of electronics components

    Electronic components
    See in list
  4. Avalon

    Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications

    Electronic manufacturing services
    See in list
  5. Elektronikasales

    Distributor of electronic components and provider of electronic solutions. This company offers a broad portfolio of active and passive components, LEDs, and electromechanical parts. They also develop and supply electronic solutions for various sectors, including automotive, industrial, and IoT applications. Their offerings encompass systems such as advanced vehicle tracking, smart locks, and battery management systems. The company's expertise extends to motor control and solar charging solutions.

    Electronic components
    See in list

Electronics manufacturing services & PCB makers

Contract manufacturers, PCB fabrication and assembly companies.

  1. Tata Electronics

    Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries

    Semiconductor design and manufacturing services
    See in list
  2. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  3. Bharat FIH

    Manufacturer of batteries, charger, headsets, and electric components

    Electronic manufacturing services
    See in list
  4. DBG

    Offers custom electronic manufacturing services

    Electronic manufacturing services
    See in list
  5. VVDN

    Provider of software, product engineering, and electronic manufacturing services & solutions

    Electronic manufacturing services
    See in list

Sensor manufacturers

Makers of temperature, pressure, gas and proximity sensors.

  1. Tempsens Instruments

    Provider of temperature sensors and thermal products

    Sensors
    Website
  2. Radix Electrosystems Private Limited

    Manufacturer and exporter of process instrumentation products, automation systems, and control panels

    Industrial automation equipment
    Website
  3. Precimeansure Controls

    Manufacturer of paper, board, and related printing services

    Sensors
    Website
  4. Aeron Systems

    Developer of inertial navigation systems and industrial internet of things

    Sensors
    Website
  5. Tonbo Imaging

    Manufacturer of advanced imaging and sensor systems for complex environments

    Sensors
    Website

Embedded systems & IoT hardware companies

Companies building embedded hardware, IoT devices and development boards.

  1. Data Patterns

    Provider of mission‑critical embedded electronic systems and sensor‑centric solutions

    Defense contractors
    See in list
  2. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  3. Mirafra Software Technologies

    Semiconductor design and embedded software development services

    Digital transformation services
    See in list
  4. Coreel

    Provider of advanced electronic system-level products and technology solutions

    Embedded systems
    See in list
  5. Trident Infosol

    Embedded hardware and software solutions provider

    Embedded systems
    Website

Display, photonics & optical component companies

Makers of LED and flat panel displays, optical components and photonics.

  1. Ekkaa

    Brand of LED TV and accessories

    Display technology
    See in list
  2. Orbittal

    Manufacturer of LED lights and panels

    Display services
    See in list
  3. Osel Devices

    Manufacturer of hearing aids and digital displays

    Traditional medical devices
    Website
  4. keith Electronics

    Keith Electronics Private Limited

    Photonics manufacturing equipment
    Website
  5. Aksh Optifibre

    Manufacturer of plastic-based optical fibers

    Photonics
    Website
110 companies in India

Semiconductors startups in India

Newer semiconductor and electronics companies founded in the last few years.

  1. Mefron

    Manufacturer of electronic products and cable assemblies

    Electronic manufacturing services
    Website
  2. Pradhi Semi

    Developer of semiconductor intellectual property blocks and advanced system in package

    Semiconductor design and manufacturing services
    Website
  3. AISemiCon

    Developer of silicon IPs and solutions for high-performance computing applications

    Electronic design automation tools
    Website
  4. Mekr Technologies

    Manufacturer of kitchen appliances

    Electronic manufacturing services
    Website
  5. Proxelera

    Provider of silicon, system, and software product engineering services

    Electronic manufacturing services
    Website
307 companies in India

Semiconductors companies hiring in India

Semiconductor and electronics companies with open jobs right now.

  1. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  2. Bharat FIH

    Manufacturer of batteries, charger, headsets, and electric components

    Electronic manufacturing services
    See in list
  3. SFO Technologies

    Provider of ODM Plus solutions

    Manufacturing services
    See in list
  4. Universal Cables

    Manufacturer of paper insulated cables

    Manufacturing services
    See in list
  5. PG Electroplast

    Manufacturer & Supplier of Home Appliances

    Electronic manufacturing services
    See in list
60 companies in India

Listed semiconductors companies in India

Publicly traded semiconductor companies and semiconductor stocks in India.

  1. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  2. PG Electroplast

    Manufacturer & Supplier of Home Appliances

    Electronic manufacturing services
    See in list
  3. Syrma SGS

    Provider of product design, prototyping, PCB assembly, repair, and automatic tester development services

    Electronic manufacturing services
    See in list
  4. Kaynes Technology

    Provider of IOT solutions for integrated electronics manufacturing player

    Electronic manufacturing services
    See in list
  5. Centum Electronics

    Provider of design, engineering, manufacturing, and aftermarket services for electronic products.

    Electronic manufacturing services
    See in list
43 companies in India
Mobile reach

Top 10 semiconductors apps from India

The most-installed Android apps published by semiconductors companies headquartered in India — 2.1M installs between them. 41 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Robu.in Electronics RC Store

by Robu Labs

Installs659K
Rating4.010K ratings
Installs, year on year+30%
Last updatedMay 2026
View on Google Play ↗
Robu.in Electronics RC Store screenshot 1Robu.in Electronics RC Store screenshot 2Robu.in Electronics RC Store screenshot 3Robu.in Electronics RC Store screenshot 4
4

Airveda - Air Quality

by Airveda

Installs79K
Rating3.23368 ratings
Last updatedMay 2026
View on Google Play ↗
Airveda - Air Quality screenshot 1Airveda - Air Quality screenshot 2Airveda - Air Quality screenshot 3Airveda - Air Quality screenshot 4Airveda - Air Quality screenshot 5Airveda - Air Quality screenshot 6
5

SensAiry

by Tymtix

Installs72K
Rating2.5411 ratings
Last updatedJun 2025
View on Google Play ↗
SensAiry screenshot 1SensAiry screenshot 2SensAiry screenshot 3SensAiry screenshot 4SensAiry screenshot 5SensAiry screenshot 6
7

My Fybros

by Fybros

Installs22K
Rating—
Last updatedApr 2026
View on Google Play ↗
My Fybros screenshot 1My Fybros screenshot 2My Fybros screenshot 3My Fybros screenshot 4My Fybros screenshot 5My Fybros screenshot 6
8

Jewellers Calculator

by Basikz

Installs19K
Rating—
Last updatedMay 2025
View on Google Play ↗
Jewellers Calculator screenshot 1Jewellers Calculator screenshot 2Jewellers Calculator screenshot 3Jewellers Calculator screenshot 4Jewellers Calculator screenshot 5Jewellers Calculator screenshot 6
The business behind the activity

Semiconductors financials in India

Revenue, profit and growth from the filed annual accounts of 699 semiconductors companies in India for FY24-25 — 821 of the 2,097 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 41% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹79,187.45 cr

699 companies filing accounts

combined net profit₹2,158.55 cr

2.7% aggregate margin

are profitable74%

514 of 699 companies

median revenue~₹6.3 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five41%

revenue concentration

Six-year view

Combined revenue of filing companies

₹52,048.59 crFY19-20576 filers
₹27,723.09 crFY20-21616 filers
₹44,412.76 crFY21-22647 filers
₹53,578.10 crFY22-23677 filers
₹71,151.87 crFY23-24710 filers
₹79,187.45 crFY24-25699 filers

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

Like-for-like

The same 605 companies over three years

+53%
FY22-23₹51,187.08 cr₹1,972.63 cr net
FY23-24₹68,477.14 cr₹1,495.04 cr net
FY24-25₹78,436.62 cr₹2,323.70 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 cr17340% profitable
₹1–10 cr22377% profitable
₹10–100 cr21589% profitable
₹100–1,000 cr7692% profitable
Over ₹1,000 cr1292% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking233
0–20%162
20–50%112
50–100%71
Doubled+77

655 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

514profitable
183loss-making
2.7%aggregate margin
2.3%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
JeanuvsJEANUVS PRIVATE LIMITED₹68.07 cr
Sahasra Semiconductors, SahasraSAHASRA SEMICONDUCTORS PRIVATE LIMITED+243%₹10.31 cr
VConnecTech SystemsVCONNECTECH SYSTEMS PRIVATE LIMITED+233%₹42.42 cr
Mekr TechnologiesMEKR TECHNOLOGIES PRIVATE LIMITED
SiMaxTechSIMAXTECH PRIVATE LIMITED
CelerixCELERIX INFOTECH PRIVATE LIMITED+211%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Smita ConductorsSMITA CONDUCTORS PRIVATE LIMITED68.3%₹14.90 cr
CelerixCELERIX INFOTECH PRIVATE LIMITED
Vista Consoles ElectronicsVISTA CONSOLES ELECTRONICS PRIVATE LIMITED
Eon InfotechEON INFOTECH LIMITED₹40.90 cr
Lucid ImagingLUCID IMAGING PRIVATE LIMITED₹41.54 cr
Amtran MagneticsAMTRAN MAGNETICS PRIVATE LIMITED29.6%₹144.82 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electronic manufacturing services106₹36,212.45 cr~₹6.5 cr69%2.2%
Electronic components110₹10,074.43 cr~₹19.0 cr88%6.1%
Manufacturing services11₹7,170.61 cr~₹151.6 cr73%2.4%
Semiconductor design and manufacturing services122₹4,431.55 cr~₹3.6 cr69%-25.2%
Printed circuit boards49₹2,650.25 cr~₹7.0 cr84%5.7%
Electronic manufacturing equipment8₹2,310.55 cr~₹39.5 cr88%4.6%
Sensors59₹1,603.36 cr~₹3.6 cr88%11.9%
Embedded systems30₹912.52 cr~₹2.5 cr63%8.7%
Leaders

Largest semiconductors companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
DBGDBG TECHNOLOGY (INDIA) PRIVATE LIMITED₹17,439.98 cr₹70.40 cr0.4%+5%
Dixon TechnologiesDIXON TECHNOLOGIES (INDIA) LIMITED₹5,467.37 cr₹565.90 cr10.4%-15%
VVDNVVDN TECHNOLOGIES PRIVATE LIMITED₹3,859.66 cr₹36.85 cr1.0%+79%
Tata ElectronicsTATA ELECTRONICS PRIVATE LIMITED₹2,787.36 cr−₹997.87 cr-35.8%+111%
SFO TechnologiesSFO TECHNOLOGIES PRIVATE LIMITED₹2,668.57 cr₹69.43 cr2.6%+7%
Universal CablesUNIVERSAL CABLES LIMITED₹2,431.20 cr₹57.28 cr2.4%+19%
Syrma SGSSyrma Sgs Technology Limited₹2,323.51 cr₹79.73 cr3.4%+23%
Kaynes TechnologyKaynes Technology India Limited₹2,051.97 cr₹209.91 cr10.2%+53%
NeolyncNEOLYNC ELECTRONICS PRIVATE LIMITED₹1,902.93 cr₹2.72 cr0.1%+73%
PG ElectroplastPG ELECTROPLAST LIMITED₹1,534.10 cr₹84.71 cr5.5%+6%
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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 India 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 India
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 India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months23

US$194.62m

equity rounds, last 24 months59

US$580.73m

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
3Merger
1Announced

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.

Semiconductors funding in India

89 semiconductors companies in India have recorded equity funding, US$750.08m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind semiconductors companies in India. 725 of 2,097 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India semiconductors companies by sub-sector

The most common specialisations among semiconductors companies in India. 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.

Coming soon