While India lacked meaningful presence in the global semiconductor ecosystem until recently, it is now emerging as a possible hub for chip design, assembly, and testing. The first Indian-made semiconductor chip is expected to hit the market by end-2025, a symbolic move toward technological sovereignty. The sector’s long-term promise remains strong, but specific stock performance depends heavily on project execution, global market conditions, and overall valuation. India has a huge opportunity in semiconductors, but the journey will be gradual and selective.
The global semiconductor industry is on a trajectory to become a trillion-dollar market in the years ahead, and India is ambitiously positioning itself to play a more prominent role.As the Prime Minister aptly described them, semiconductors are the “digital diamonds” that will drive 21st-century growth. Accordingly, there is growing focus on firms that aim to manufacture chips in India. With the government accelerating approvals for semiconductor projects and offering generous incentives, companies focused on semiconductors are likely to gain traction in the coming years.
Well-chosen stocks in this sector could deliver strong returns but only for patient investors who can withstand volatility and execution risk.
- MosChip Technologies has seen sharp upmove recently with strong volume.The stock has a floor around Rs.155 mark, and dips toward Rs.220-210 zone might be attractive entry points. The stock looks poised to target Rs.310 over the medium to long term.
- Kaynes Technology faces resistance near Rs.7,480 mark after having surged by around 20% for the month to date, and a breakout above this level on a convincing basis could lead to a move towards Rs.9,800-10,000 levels over the medium to long term, with key support in sight at Rs.6,500.
- CG Power has already rallied, and once the momentum cools-off, dips in the Rs690-695 band may attract buyers. Its medium-term upside could reach Rs.880–900. Key support is seen at the Rs.645 mark.
