Monday, 15 September, 2025
India’s IT Giants Expand into Semiconductors & Electronics to Offset Headwinds
Top Indian IT firms like Wipro, HCL, Infosys, TCS, Cyient, and L&T are diversifying into semiconductors and electronics—via stakes, acquisitions, fab projects, and group subsidiaries. Moves include HCL-Foxconn’s fab in Noida, Wipro’s acquisition in Harman’s transformation business, TCS working with Tata Electronics for home-grown chips by 2026. The shift is meant to de-risk against slowing growth in traditional services and capitalize on India’s push to build its semiconductor ecosystem.
Read full story at Economic Times