Empowering India’s Tech Future: 9 Semiconductor Startups Leading the Charge

Empowering India’s Tech Future: 9 Semiconductor Startups Leading the Charge

29 March 2024 – India’s semiconductor journey traces back to 1976, marked by the formation of the Semi-Conductor Laboratory in Mohali. In 2021, the government allocated INR 76,000 Cr for the Semicon India program, igniting a new era in semiconductor manufacturing. This piece delves into nine pioneering startups driving India’s semiconductor revolution.


India’s technological landscape is evolving rapidly, with a surge in startups spanning diverse sectors like electric vehicles, drones, and spacetech. Similarly, the semiconductor industry is gaining traction, backed by government initiatives like Semicon India and the India Semiconductor Mission. These efforts aim to bolster semiconductor manufacturing, design, and packaging, aligning with the ‘Make in India’ vision.

Startups like AGNIT Semiconductors, InCore Semiconductor, and Mindgrove Technologies are spearheading innovation in GaN technology, RISC-V processor cores, and SoC design, respectively. Morphing Machines’ patented ‘REDEFINE’ platform and Oakter’s contract manufacturing prowess reflect India’s diverse semiconductor landscape.

Saankhya Labs stands out for its contributions to satellite and broadcast applications, while SignOff Semiconductors specializes in VLSI services for AI and ML domains. Silizium Circuits and Terminus Circuits are driving advancements in analog RF IP and high-speed serial links, respectively, positioning India as a global semiconductor hub.