Nowadays the name of semiconductor is heard everywhere. These small chips are the heart of every device used in our everyday life. Mobile phones, TVs, cars, and even microwaves – everything is incomplete without semiconductors. But the real game now lies in new technologies like AI (Artificial Intelligence) and 5G, where the demand for these chips is increasing rapidly.
India’s move into semiconductor
Many countries of the world are ahead in making semiconductors, like Taiwan and South Korea. But now India has also joined this race. The government and many companies together are making huge investments in this sector. This means that in the coming time, India can become a big player in the field of semiconductors.
Which Indian companies are ahead?
There are many companies in India working in the field of semiconductor and AI chips. Some of these prominent names are:
1. HCL Technologies
HCL Technologies is a large IT company working on semiconductor design and AI projects.
The company has recently taken orders for chip design from big companies in Europe and America. Apart from this, HCL is also working on many projects related to AI.
2. Bharat Electronics Limited (BEL)
BEL is a government company that manufactures defense and civil electronics.
The company has recently launched several new products and booked orders worth ₹750 billion. BEL is now also working in projects like metro and airport.
3. CG Power and Industrial Solutions
CG Power is a company manufacturing electrical and industrial equipment.
The company has partnered to open a new chip factory in India. This factory will make 15 million chips every day.
4. KENS Technology
Kense Technology is an electronics manufacturing company that operates in the automotive and defense sectors.
The company plans to set up a semiconductor unit in Gujarat at a cost of ₹33 billion. Its revenue has increased by 48% compared to last year.
5. Tata Elxsi
Tata Elxsi is a leader in design and technical services.
The company is working rapidly in AI and semiconductor design. It aims to have 25% of employees trained in AI by the end of 2024.
Why is the future of semiconductor bright?
As the use of AI, 5G, and smart devices is increasing, the demand for semiconductors is also increasing. The capacity to manufacture and design these chips is increasing in India. This will not only benefit the country’s economy, but will also give India a new identity in the global market.
