Cyient joins the global chip race by launching its semiconductor arm

Aiming to cater to the growing global demand for Application-Specific Integrated Circuits (ASIC) and integrated circuit (IC) design services, Cyient has officially launched its new semiconductor-focused subsidiary, Cyient Semiconductors. The move marks a formal entry for Cyient into the semiconductor industry. The subsidiary will play a key role in supporting India’s national semiconductor mission by contributing advanced design capabilities to a growing domestic and global market.

Cyient’s Role in the Semiconductor Race

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 built high-performance teams across India, the U.S., 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. 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, Executive Vice Chairman & Managing Director, Cyient.

He further added, “I am also happy to share that we have appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is an accomplished professional in the semiconductor space with a proven track record of managing large organizations, scaling semiconductor businesses, and driving digital transformation. His expertise in semiconductor products and ASIC development will be instrumental in shaping the future of Cyient Semiconductors.”

Global Semiconductor Race

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