Cyient Commits $100 Million to Fuel New Semiconductor Division

Hyderabad-based technology company Cyient has committed USD 100 million to develop its newly established semiconductor division. This internal investment will focus on advancing research and development (R&D), particularly in talent-intensive areas essential to the new venture.

In addition, Cyient plans to raise further capital from external investors by September 2025 and is in the process of appointing merchant bankers to oversee the funding. The company intends to use these funds to enhance its capabilities in delivering customised silicon chip solutions. The new semiconductor arm will serve a wide array of industries both in India and globally, with particular emphasis on electric vehicles (EVs) and power distribution companies (discoms) that require smart metering technologies. Cyient also aims to drive growth through intellectual property (IP) creation and believes that geopolitical shifts will further increase demand in this sector.

Suman Narayan, CEO of the semiconductor division, highlighted that Cyient has already delivered 40 customised chips to clients. The company will focus on mature, higher nanometer chip technologies, where it can provide specialised and efficient solutions. This move is in line with Cyient's broader strategy to expand its presence in the semiconductor industry while contributing to India’s growing electronics manufacturing and innovation ecosystem.

News by Rahul Yelligetti.