Currently, India imports almost all the semiconductors it needs. Its demand is estimated to reach around US$100 bn by 2025 from about US$24 bn in 2021.
Previous efforts to get companies to invest in the semiconductor space had failed. The complex manufacturing processes requires heavy investments, apart from need for supply of uninterrupted clean water and electricity.
India is seen as strong player in chip design. But the companies here have failed to get chip foundries into the country.
When covid hit in early 2020, companies across the globe adopted the China+1 policy. This encouraged electronics makers to see India as a viable chip manufacturing hub.
The investments in India's semiconductor capacity are, expected to grow 4-fold in the next few decades.
Watch this video to know how you could identify India's best semiconductor stocks.
Tanushree Banerjee (Research Analyst), is the editor of Stock Select and Forever Stocks. Tanushree started her career at Equitymaster covering the banking and financial sector stocks and scrutinising RBI policies. Over the last decade, she developed Equitymaster's research processes that helped us pick out various multibaggers, across all sectors. A firm believer of "safety first" when it comes to investing, Tanushree closely follows the investing philosophies of Warren Buffett, Jeremy Grantham, and Joel Greenblatt.
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1 Responses to "India's Best Semiconductor Stocks"
SADASIVA PRADHAN
Nov 26, 2023Good semiconductor company in Indian stock market