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Cyient LimitedUpdates, 08-04-2025: Press Release

08-04-2025 · 01:07 pm

Cyient has launched its fully owned semiconductor subsidiary, Cyient Semiconductors, enhancing its focus on the burgeoning semiconductor market valued at approximately $600 billion and projected to reach $2 trillion by 2032. This strategic initiative aims to leverage Cyient's extensive experience in semiconductor design, particularly in providing Application-Specific Integrated Circuit (ASIC) turnkey solutions. The new subsidiary will operate globally, with teams established in key regions, including India, the U.S., and Europe, to tap into rising demand for specialized semiconductor expertise.

Suman Narayan has been appointed as CEO of Cyient Semiconductors, bringing significant industry experience to lead this venture towards driving innovation in semiconductor solutions. Cyient Semiconductors is expected to align with India's national agenda for building a robust semiconductor ecosystem, positioning the company for positive growth and opportunities in the evolving landscape of high-performance semiconductor demands.

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