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These Indian semiconductor firms are having a splendid rally on the bourses

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 ....

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CG Power and Industrial reports Q4 standalone PAT at Rs 240.59 crore

For the whole year, the standalone PAT was 28 percent at Rs 1,004 crore compared to Rs 785 crore in FY 23. ....

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CG Power and Industrial Solutions expects OSAT business to generate revenues in next 4 years: MD

The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said. ....

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Beyond Rs 76k-crore: Government to scale up semiconductor package, ET Telecom

Budget For Semiconductors: “The new package would be one of the key agendas for the new govt and will be taken up on a priority basis,” one of the sources said, pointing out that new proposals that are coming in for semiconductors necessitate a fresh package. ....

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Semiconductors likely in for another massive boost as India tries to make up for lost time in chipmaking

The 76,000-crore incentive package was launched in December 2021 to support companies making semiconductors and investing in them. That amount has been nearly exhausted, necessitating a fresh boost for India s big chip plan. And indications are that the coming plan will likely be much bigger in scale. ....

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