With robust government backing and international collaborations, India's semiconductor mission is creating enormous potential for investors. This expansion is expected to help leading companies like Tata Elxsi, CG Power, Dixon, Moschip, and ASM Technologies. By 2030, the market is expected to reach $108 billion, offering early investors the possibility of multibagger returns. Semiconductor stocks under ISM 2025 are a wise choice for generating long-term wealth.
India Semiconductor Mission (ISM) & Semiconductor Stocks [2025]
-
India is gaining traction on its semiconductor mission under the India Semiconductor Mission (ISM). The following significant occurrences in recent times are anticipated to propel Indian semiconductor stocks.
-
4 further semiconductor manufacturing projects were approved by the Central Cabinet, increasing the total to 10. An estimated INR 1.6 trillion has been invested in the projects overall.
-
The projects have a total investment of around INR 1.6 trillion. These projects include compound semiconductor fabs, packaging units, and ATMP/OSAT facilities located in Odisha, Punjab, and Andhra Pradesh.
-
Micron Semiconductor received approval to set up a Special Economic Zone in Gujarat, where it plans to invest Rs. 13,000 crore.
-
CG Semi of Gujarat is planning to commence pilot operations at an OSAT facility in Sanand, which is expected to begin full-scale production in 2026.
-
Larsen & Toubro’s venture LTSCT plans to commence commercial chip production and start construction of a full-scale fab in 2027. The government is considering funding up to 90% of the costs.
-
In a speech addressing the nation on Independence Day (15 August 2025), PM Modi quoted “Made in India semiconductor chips will be available by the end of 2025,” revealing six chip plants under construction and four more recently approved.
Indian Semiconductor Industry
India's semiconductor market is expected to increase from about $54 billion in 2025 to about $108 billion by 2030.
Best Semiconductor Stocks in India under ISM (2025)
Let’s see the top listed semiconductor companies that investors should watch in 2025:
-
Tata Elxsi Ltd.
About
-
Tata Elxsi deals in automotive electronics, VLSI, and semiconductor design.
-
Presented as a worldwide supplier of semiconductor design services.
-
Partnerships with major manufacturers of consumer gadgets and automobiles.
Tata Elxsi Share price is Rs. 5478 as of 26 August 2025, at the time of writing this information.
Share Details
Financial Snapshot
Shareholding Pattern
-
CG Power & Industrial Solutions
About
-
CG Power & Industrial Solutions will have India's first OSAT facility in Gujarat.
-
A calculated step into packaging and testing.
-
By 2026, operations are anticipated to begin.
CG Power share price is Rs. 671 as of 26 August 2025, at the time of writing this information.
Share Details
Financial Snapshot
Shareholding Pattern
-
Dixon Technologies (India) Ltd.
-
Dixon Technology is in the manufacturing services for electronics (EMS).
-
Probably to gain from the environment of semiconductor assembly.
-
Significant sales growth and PLI beneficiary.
Dixon technology share price is Rs. 16668 as of 26 August 2025, at the time of writing this information.
Share Details
Financial Snapshot
Shareholding Pattern
-
Moschip Technologies
-
Moschip Technologies’ main focus is the design of fabless semiconductors.
-
LI scheme growth and niche play.
-
Small-cap, very volatile, yet very profitable.
Moschip semiconductor share price is Rs. 167 as of 26 August 2025, at the time of writing this information.
Share Details
Financial Snapshot
Shareholding Pattern
-
ASM Technologies Ltd.
-
ASM Technologies is in IT services, product design, and semiconductor engineering.
-
ASM has been providing engineering services and semiconductor design support for more than thirty years. For the India Semiconductor Mission, the company offers solutions in embedded software, VLSI design, and product R&D.
-
Partnerships with international chip makers, specialized knowledge in design and testing, and a strong presence in semiconductor back-end services.
ASM technologies share price is Rs. 3853 as of 26 August 2025, at the time of writing this information.
Share Details
Financial Snapshot
Shareholding Pattern
(Sources: Screener, companies' websites)
Benefits of Investing in Semiconductor Stocks
1. The semiconductor market in India is expected to reach $108 billion by 2030.
2. Government incentives and subsidies under ISM, PLI, and DLI decrease investment risk.
3. India is in a solid position as international chipmakers diversify away from China.
4. Advanced technology is brought about through partnerships with industry titans such as Vedanta-Foxconn, Micron, and L&T.
Risks Associated with Investing in Semiconductor Stocks
1. For core chip technology, India continues to rely on international partners.
2. The semiconductor business is very susceptible to demand throughout the world and is cyclical.
3. A shortage of skilled semiconductor engineers and technicians may slow development.
4. Supply networks and equipment imports may be interrupted by trade tariffs and geopolitical crises.
Conclusion
India's semiconductor journey under the India Semiconductor Mission (ISM) is gearing up quickly because of government support, multinational partnerships and new facilities, providing investors with an incredible opportunity. India's policy push makes semiconductor stocks an attractive long-term investment, even if risks still exist because of high capital expenditure and global cyclicality. Semiconductors are the backbone of India's digital growth story for investors looking for futuristic themes.
Related Useful Stock Blogs
Explore data center stocks
Discover 52 week low stocks to buy in 2025
Explore multibagger penny stocks.
Disclaimer
Not a buy or sell recommendation. No investment or trading advice is given. This blog is only for information purposes. Stock prices are dynamic and subject to real-time changes. Always discuss with an eligible financial advisor before investing.
Faqs
-
Which are the best semiconductor stocks to buy?
As per Bajaj Finserv, some good semiconductor center stocks in India are ASM Technologies Ltd., Dixon Technology, CG Power & Industrial Solutions, Tata Elxsi, Moschip Technologies, etc.
-
Can I invest in a semiconductor?
Yes you can invest if you have a demat account, are 18+ and carry required documents.
-
Which Tata stock is making semiconductors?
Tata Elxsi is involved in mankind of semiconductors in India.
-
Who is the CEO of India Semiconductor Mission?
Amitesh Kumar Sinha is the current CEO of ISM as of August 2025.
-
Is semiconductor going to boom?
The semiconductor industry is expected to increase to about $108 billion by 2030. With this, semiconductor stocks might see a boom in their prices.
