Semicon India 2025: Semiconductor stocks like CG Power, Moschip technologies rose up to 7 per cent in Tuesday’s trading session after PM Modi inaugurated Semicon India 2025 to boost India’s semiconductor ecosystem.
Moschip Technologies share price rallied the most, was up 7.66 per cent on Tuesday. Meanwhile, CG Power and Bharat Electronics shares were trading 2.73 per cent and 0.60 per cent higher on September 2.
Other semiconductor stocks like ABB India, Dixon Technologies, Tata Elxi shares were also marginally up, rose less than a per cent.
“The semiconductor sector is experiencing significant movements today, driven by a combination of global policy shifts and regional growth initiatives. This move has raised concerns about potential supply chain disruptions and escalating tech tensions between the US and China. In India, companies like BEL, Tata Elxsi, HCL, Vedanta, CG Power, Dixon and Keynes tech are poised to benefit from the government’s push for semiconductor growth, with potential for improved profitability as the sector expands. This makes them attractive prospects for investors looking at long-term gains,” said Seema Srivastava, Senior Research Analyst at SMC Global Securities.
Semicon India 2025
Prime Minister Modi inaugurated Semicon India 2025 in Delhi, in the presence of CM Rekha Gupta and Union Minister of Commerce and Industry, Jitin Prasada.
Union IT Minister Ashwini Vaishnaw on Tuesday showcased the first made-in-India chip to Prime Minister Narendra Modi. He presented the Vikram 32-bit processor along with test chips from four approved projects.
“Just a few years ago, we met for the first time to make a new beginning driven by our Prime Minister’s farsighted vision, we launched the India Semiconductor mission…In a short span of 3.5 years, we have the world looking at India with confidence. Today, the construction of five Semiconductor units is going on at a rapid pace…We just presented the first “Made-in-India” chip to PM Modi…” Vaishnaw said.
ISRO’s Semiconductor Lab has developed Vikram, India’s first fully indigenous 32-bit microprocessor, designed to withstand the extreme conditions of launch vehicles.
Semiconductors form the backbone of modern technology, driving critical systems across healthcare, transportation, communication, defence, and space. As global digitalisation and automation advance, these components have become vital for economic resilience and strategic autonomy. In just four years since the inception of the India Semiconductor Mission (ISM) in 2021, India has turned its semiconductor vision into a tangible reality.
To support this vision, the government announced ₹76,000 crore Production Linked Incentive (PLI) scheme, with nearly ₹65,000 crore already allocated. Furthermore, on August 28, India marked a significant milestone in its semiconductor journey with the inauguration of one of the nation’s first comprehensive Outsourced Semiconductor Assembly and Test (OSAT) Pilot Line Facilities in Sanand, Gujarat.
(With inputs from wire agencies)
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