Companies like HCLTech, Tata Elxsi, Moschip Technologies, ASM Technologies, SPEL Semiconductor, RIR Power Electronics, and CG Power have some amount of exposure in the domestic semiconductor space, which, as per studies, is estimated to grow at 19 percent CAGR
"Chip shortages during pandemic made us realise our dependency on international supply chain. Domestic semicon industry is integral to indigenous industry. Semicon chips have defining role to play in every industry- auto, AI, defence, green tech, health and every other industry," Chandra said.
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