Cyient launches its semiconductor subsidiary Cyient Semiconductors

ANI April 8, 2025 208 views

Cyient has strategically launched Cyient Semiconductors as a fully-owned subsidiary to capitalize on the booming global semiconductor market. The new arm will focus on delivering Application-Specific Integrated Circuit (ASIC) solutions across multiple sectors like industrial, automotive, and medical technologies. Led by CEO Suman Narayan, the subsidiary aims to support India's semiconductor self-reliance mission and tap into a market projected to reach $2 trillion by 2032. With teams spread across India, the US, Europe, and Taiwan, Cyient Semiconductors is positioning itself as a key player in next-generation semiconductor innovations.

"India is on the cusp of a semiconductor revolution" - Suman Narayan, CEO Cyient Semiconductors
Mumbai, April 8: Engineering and technology company Cyient has set up a fully-owned semiconductor subsidiary, Cyient Semiconductors, to innovate and excel across the global semiconductor landscape.

Key Points

1

New subsidiary aims to deliver comprehensive ASIC turnkey solutions

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Positioned across multiple global locations with strategic growth focus

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Aligning with national semiconductor ecosystem development

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Targeting high-growth semiconductor market projected to reach $2 trillion

By carrying forward Cyient's expertise in semiconductor design, Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions for customers, the company said in a statement Tuesday.

For more than 25+ years, Cyient has been delivering comprehensive ASIC turnkey solutions and semiconductor design services across industrial, data center applications, automotive, and medical.

Driven by strategic organic and inorganic growth, Cyient Semiconductors has teams across India, the US, Germany, Belgium, the Netherlands, and Taiwan.

"Our vision is to align Cyient's semiconductor capabilities with the national agenda set by the Ministry of Electronics and Information Technology, aiming to build a robust semiconductor ecosystem in India," said Krishna Bodanapu, Executive Vice Chairman and Managing Director, Cyient.

"With the growing demand for high-performance semiconductor solutions, Cyient Semiconductors will play a crucial role in providing end-to-end ASIC turnkey and IC design services, supporting India's journey toward self-reliance in the semiconductor ecosystem," said Krishna Bodanapu.

The company has appointed Suman Narayan as the CEO of Cyient Semiconductors.

The semiconductor market is valued at approximately USD 600 billion and is projected to reach USD 2 trillion by 2032.

Cyient believes that the new subsidiary will tap into this high-growth opportunity, focusing on developing fabless semiconductor solutions while addressing the increasing demand for specialized semiconductor expertise.

"India is on the cusp of a semiconductor revolution, and Cyient is well-positioned to be at the forefront of this transformation," said Suman Narayan, CEO of Cyient Semiconductors.

"With our deep domain expertise, we will continue to empower global and domestic clients with high-value solutions. We firmly believe that the new semiconductor subsidiary will drive next-generation innovations meeting the requirements of our customers," he added.

Reader Comments

R
Rajesh K.
This is fantastic news for India's semiconductor industry! 🇮🇳 With Cyient's experience, they can really help boost our domestic capabilities. Excited to see how this plays out in the coming years.
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Priya M.
Interesting move, but I wonder if they'll be able to compete with established global players. The semiconductor market is extremely competitive and capital intensive. Hope they have a solid roadmap.
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Arjun S.
Worked with Cyient's semiconductor team before - they have some brilliant engineers! This spin-off makes perfect sense given their expertise. Wishing Suman Narayan and team all the best!
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Sanjana P.
The $2 trillion projection by 2032 is mind-blowing! 🤯 More Indian companies need to enter this space. Cyient seems to be making the right move at the right time.
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Vikram D.
While I appreciate the initiative, I hope they focus equally on talent development. We need more skilled semiconductor engineers in India to truly build this ecosystem.
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Neha R.
Their presence in multiple countries gives them a global advantage. Smart strategy to have teams in US, Europe and Taiwan - all key semiconductor hubs. 👏

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Tags:
Cyient Semiconductor Industry ASIC Design Krishna Bodanapu Suman Narayan Indian Technology Fabless Semiconductor
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