The Central government has finalized the outlines for the second phase of the India Semiconductor Mission (ISM) and is currently discussing the scheme internally. This phase to focus on supporting more design-linked innovations and initiatives as per sources.
“The next phase of the India Semiconductor Mission (ISM) is currently in the works. We had preliminary discussions with many stakeholders as to how to design the programme. The design and the outline is currently ready and is undergoing detailed discussion internally within the government,” said IT Secretary S Krishnan as per sources.
Further, he said “Under the second phase of the ISM, the government will also look to provide some support to raw materials, equipment, gases and speciality chemicals needed in semiconductor manufacturing.”
There are some companies that can benefit from these policies and initiatives to prosper the semiconductor and electronics industry in India. Investors need to research before investing.
Here is the list of Indian stocks that can benefit from Semiconductor Value Chain through ISM 2.0
IZMO
The company is a leader in automotive interactive marketing solutions and offers hi-tech e-retailing solutions globally through platforms like izmocars and izmoEmporio, serving major automotive retail groups with innovative digital tools. They are into 3D semiconductor packing business.
With a market capitalization of Rs. 411.28 Crores, the shares of IZMO closed at Rs. 290.70 per equity share, up 4.98 percent from its previous day’s close price.
L&T Technology Services (LTTS)
This L&T Group company provides engineering research and development (ER&D) services. It offers digital engineering, embedded systems, and plant engineering solutions to top global companies across various sectors. The company collaborates with global tech leaders on hardware design, chip development, validation, and customer engineering.
With a market capitalization of Rs. 51,064.79 Crores, the shares of L&T Technology Services closed at Rs. 4,823 per equity share, down 0.82 percent from its previous day’s close price.
Sasken Technologies
This leading Indian MNC that specializes in product engineering and digital transformation. It serves global clients across industries like semiconductors, automotive, and telecommunications, with a strong presence in innovation and technology solutions. They are invested in Anups Silicon Services Private Ltd (ASSPL) to expand silicon design and AI chip services.
With a market capitalization of Rs. 2,428.68 Crores, the shares of Sasken Technologies closed at Rs. 1,606.10 per equity share, down 0.86 percent from its previous day’s close price.
Larsen & Toubro
This conglomerate that specializes in various sectors, including engineering, construction, manufacturing, and financial services, and operates in over 50 countries. L&T Semiconductor Technologies, a fabless semiconductor design subsidiary that specializes in design and creation of chips without owning or operating a manufacturing facility.
With a market capitalization of Rs. 4,45,969.26 Crores, the shares of Larsen & Toubro closed at Rs. 3,243.00 per equity share, down 0.52 percent from its previous day’s close price.
HCL Technologies
This leading Indian IT services company specializes in software development, engineering solutions, and IT infrastructure services. They provide full-stack GenAI solutions, specializing in AI-driven solutions such as chip design, layout, and porting.
With a market capitalization of Rs. 4,23,508.14 Crores, the shares of HCL Technologies closed at Rs. 1,560.65 per equity share, down 1.55 percent from its previous day’s close price.
Written by Santhosh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
