With the Indian semiconductor sector projected to reach $64 billion by 2026, the country hopes $10.2 billion in subsidies will bring in chip manufacturers and further boost its semiconductor economy. In the list below, we spotlight some major multinational companies already investing in semiconductor innovation in Pune.
Top Semiconductor Companies in Pune
- NVIDIA
- Marvell Technology
- NXP
- Alphawave Semi
- Imagination Technologies
Semiconductor Companies in Pune to Know
Alphawave Semi is a London-based company developing intellectual property and custom silicon chips for data centers, AI, autonomous vehicles and data storage. The company, which employs more than 700 people worldwide, announced in 2023 that it opened a 20,000-square-foot office and lab space in Pune.
Imagination Technologies is a U.K. company developing semiconductor IP through its design of GPUs, neural network accelerators and central processing units (CPUs). It’s also innovating in ray tracing, a graphic rendering technique that creates more realistic depictions of lighting, shadows and reflections. The company has three hubs in India, including an office at the Bajaj IT Tower in Pune.
Lattice Semiconductor specializes in designing and manufacturing field-programable gate arrays, or FPGAs. An FPGA is a type of integrated circuit that clients can customize after manufacturing to suit their requirements. According to Lattice, its products can help clients innovate quickly in various sectors.
Millennium Semiconductors is a hardware supplier to various businesses in India. Its product lineup, which includes microcontrollers, is used by companies in the automotive and industrial sectors. In addition to developing its hardware, Millennium Semiconductors also sources semiconductors from other manufacturers for its clients.
ASM Technologies is a Bengalauru-founded semiconductor startup that develops automation and IT infrastructure products. The company focuses on designing chipsets and manufacturing equipment needed for their production. According to ASM Technologies, its semiconductors are used in autonomous vehicles and robotic systems.
Broadcom is one of a handful of companies developing server-side AI processors, which have become increasingly popular due to the recent industry boom. Its semiconductors have optimized architecture that makes the training machine learning algorithms a faster and more efficient process.
Marvell Technology is a U.S. company that designs and manufactures semiconductors for the data infrastructure technology that powers cloud computing, smart cars and 5G connectivity. The company, which already has a presence in Pune, announced in 2023 that it would open a new 100,000-square-foot office, enabling it to increase its local headcount to about 500 employees. The new R&D center will also have two large laboratories with about 300 servers.
Nvidia, a U.S. company mostly known for graphic processing units (GPUs), develops processors, software and computing systems that power AI innovation in the manufacturing, automotive and healthcare industries. In Pune, Nvidia operates a 350,000-square-foot development center that focuses on software development, testing and driver development for some of the company’s core products.
Cadence Design Systems develops custom hardware solutions for aerospace, automotive and industrial clients. While it does not handle manufacturing efforts, Cadence helps its clients create chips that fit their specific needs and provides them with the IP needed for manufacturing.
NXP is a Dutch company that designs and manufactures semiconductors for the automotive, mobile phone and industrial sectors. Employing more than 2,500 engineers across India, NXP added a Pune office when it acquired Marvell’s Wi-Fi and Bluetooth connectivity division.
