In #UnionBudget2024, Allocation for Semiconductor Industry increased by 4.5x to ~6,903 Cr from 1,503 Cr in 2023💹⚡
Sector Bytes #3
A thread on Value chain & key players🧵
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Sector Bytes #3
A thread on Value chain & key players🧵
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1️⃣Semiconductor Value Chain:
🔸Equipment Manufacturers- Produce semiconductor manufacturing tools
🔸Electronic Design Automation (EDA) Companies- Develop software for chip design
🔸Foundries: Manufacture chips on contract
...Contd👇
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🔸Equipment Manufacturers- Produce semiconductor manufacturing tools
🔸Electronic Design Automation (EDA) Companies- Develop software for chip design
🔸Foundries: Manufacture chips on contract
...Contd👇
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🔸Fabless Semiconductor Companies- Design chips, outsource manufacturing
🔸Integrated Device Manufacturers (IDMs)- Design and produce chips
🔸Outsourced Semiconductor Assembly and Test (OSAT) Companies- Assemble and test chips
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🔸Integrated Device Manufacturers (IDMs)- Design and produce chips
🔸Outsourced Semiconductor Assembly and Test (OSAT) Companies- Assemble and test chips
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2️⃣Semiconductor Ecosystem in India📊
⬆️Indian Semiconductor market is projected to grow at a 26 % CAGR ~ $271.9 Bn by 2032 as per IBEF📲
💡India consists 20% of the Global Semiconductor Design Engineers
ism.gov.in
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⬆️Indian Semiconductor market is projected to grow at a 26 % CAGR ~ $271.9 Bn by 2032 as per IBEF📲
💡India consists 20% of the Global Semiconductor Design Engineers
ism.gov.in
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3️⃣Key players poised to benefit 📈
📌CG Power in OSAT segment:
🔸Company forayed into Semiconductor Manufacturing as a part of its Strategic diversification in FY24 💹
🔸CG power is also setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat
🔸Estimated Investment over 5 Years is Rs~7,600 Cr as per FY24 annual report
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📌CG Power in OSAT segment:
🔸Company forayed into Semiconductor Manufacturing as a part of its Strategic diversification in FY24 💹
🔸CG power is also setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat
🔸Estimated Investment over 5 Years is Rs~7,600 Cr as per FY24 annual report
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📌Kaynes Tech in OSAT and PCB fabrication segments
🔸Raised Rs 1,400 Cr through QIP to set up OSAT and PCB fabrication facility
👉OSAT facility at Kongara Kalan, Telangana
👉PCB fabrication facility in Mysore, Karnataka to manufacture advanced HDI PCBs
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🔸Raised Rs 1,400 Cr through QIP to set up OSAT and PCB fabrication facility
👉OSAT facility at Kongara Kalan, Telangana
👉PCB fabrication facility in Mysore, Karnataka to manufacture advanced HDI PCBs
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📌L&T in Fabless chip designing segment
🔸L&T entered fabless semiconductor chip design by establishing L&T Semiconductor Technologies Ltd in Nov '23
🔸Company acquired 100% of SiliConch Systems Pvt Ltd, a fabless semiconductor design company
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🔸L&T entered fabless semiconductor chip design by establishing L&T Semiconductor Technologies Ltd in Nov '23
🔸Company acquired 100% of SiliConch Systems Pvt Ltd, a fabless semiconductor design company
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🎌India Semiconductor Mission
🔸In December 2021, the government launched the India Semiconductor Mission, announcing Rs 76,000 Cr chip incentive scheme, offering a 50% subsidy on capital expenditure for plant setup
🔸In #Budget2024 Rs 6,903 Cr is allocated for semiconductor and display fabs a jump from 1503 Cr spent in FY 23-24
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🔸In December 2021, the government launched the India Semiconductor Mission, announcing Rs 76,000 Cr chip incentive scheme, offering a 50% subsidy on capital expenditure for plant setup
🔸In #Budget2024 Rs 6,903 Cr is allocated for semiconductor and display fabs a jump from 1503 Cr spent in FY 23-24
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✅Three major projects approved:
🔸CG Power's Rs 7,600 Cr chip packaging in Sanand Gujarat with Japan’s Renesas Electronics & Stars Microelectronics
🔸Tata Group's Rs 27,000 Cr chip assembly in Morigaon Assam
🔸Tata Electronics's Rs 91,000 cr chip fab in Dholera Gujarat with Taiwan’s PSMC
👉Rs 275 crore packaging plant by US-based Micron Technology in Gujarat
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🔸CG Power's Rs 7,600 Cr chip packaging in Sanand Gujarat with Japan’s Renesas Electronics & Stars Microelectronics
🔸Tata Group's Rs 27,000 Cr chip assembly in Morigaon Assam
🔸Tata Electronics's Rs 91,000 cr chip fab in Dholera Gujarat with Taiwan’s PSMC
👉Rs 275 crore packaging plant by US-based Micron Technology in Gujarat
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Source of the data used in thread: IBEF, MEITY, ISM, Company data, Moneycontrol
moneycontrol.com
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moneycontrol.com
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