Cyient Launches Semiconductor Arm to Meet Rising ASIC Demand

Cyient Limited has officially launched its wholly-owned subsidiary, Cyient Semiconductors, reinforcing its dedication to innovation in the rapidly evolving global semiconductor industry. 

Focus on Turnkey ASIC Solutions 

Building on over 25 years of semiconductor design expertise, Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions. These solutions cater to diverse sectors such as automotive, data centers, industrial applications, and medical technologies. 

The new entity has already built high-performance teams across India, the U.S., Germany, Belgium, the Netherlands, and Taiwan, supporting both organic and inorganic growth strategies. 

Tapping Into a $2 Trillion Opportunity 

With the semiconductor market expected to grow from $600 billion to $2 trillion by 2032, Cyient Semiconductors aims to develop fabless solutions that address the surging demand for niche semiconductor capabilities. 

Read about Semiconductor Startup Calligo Technologies Secures $1.1 Million to Expand Chip Innovation.

Management Commentary  

Commenting on this development, the Executive Vice Chairman & Managing Director of Cyient, Krishna Bodanapu, said, “I am also happy to share that we have appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is an accomplished professional in the semiconductor space with a proven track record of managing large organizations, scaling semiconductor businesses, and driving digital transformation. His expertise in semiconductor products and ASIC development will be instrumental in shaping the future of Cyient Semiconductors.” 

 “India is on the cusp of a semiconductor revolution, and Cyient is well-positioned to be at the forefront of this transformation. With our deep domain expertise, we will continue to empower global and domestic clients with high-value solutions. We firmly believe that the new semiconductor subsidiary will drive next-generation innovations meeting the requirements of our customers,” said Suman Narayan, CEO of Cyient Semiconductors. 

Conclusion 

Cyient’s strong IP portfolio, global delivery capabilities, and deep-rooted client relationships position Cyient Semiconductors for sustainable, strategic growth in the global chip landscape. 

On April 8, 2025, Cyient share price opened at ₹1,160.00 and closed at ₹1,159.00, up by 3.37%. The stock price touched its day’s high at ₹1,182.60.  

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