listed SEMICON names that make or design chips: CG Power, Kaynes, MosChip

Only 3 SEMICON India stocks make or design chips themselves

Companies No. 23 23 September 2026 · 1 min read

SEMICON India 2026 ran in Delhi from 17 to 19 September. On day 1, the government announced Semicon 2.0, a ₹1,27,500 crore plan across 6 areas, with chip design at the centre. It wants 200 chip-design companies, up from about 105, and more than 1 lakh trained technicians. Day 2 brought 25 partnerships.

Chip stocks rose on the opening day, but not all have the same exposure to semiconductors.

CG Power has exposure through CG Semi, whose Sanand chip packaging and testing plant started commercial production in July and can handle 300 million units a year at peak. Kaynes Technology has Kaynes Semicon, which is also building a chip packaging business. MosChip is the direct chip-design play, working on chip design, semiconductor IP and silicon engineering.

The rest is more indirect. Dixon and Syrma SGS make electronics that use chips. Tata Technologies, Tata Elxsi and Tejas Networks have engineering and technology exposure. The big Tata semiconductor announcements at SEMICON came from Tata Electronics, which is unlisted. ASM Technologies provides engineering services to semiconductor companies.

The market seems to care less about who showed up at SEMICON and more about where each company actually sits in the semiconductor value chain.

Table of the 3 SEMICON India stocks that make or design chips, 17 to 19 September 2026. CG Power: its chip plant in Sanand has been running since July and joined a new chip skills academy; owns a plant that packs and tests chips; shares up 3.3% on day 1. Kaynes Technology: signed 2 deals to pack and test chips, for IndieSemiC and for Microchip; more work for its chip packing business; up 4.0%. MosChip: showed its chip design work; Semicon 2.0, the government's new chip programme, wants 200 design firms, up from 105; design is the first of its 6 pillars; up 4.5%. Dixon, Syrma SGS, ASM Technologies and the Tata companies rose too, but they use chips rather than make them.

Only CG Power is higher than it was a month ago

Share prices of the 3 chip stocks since 21 August 2026, all set to 100 at the start. All 3 jumped on 17 September when SEMICON opened, but only CG Power kept the gain.

Indexed to 100 at 21 Aug 2026

17 to 19 Sep 2026: SEMICON India

Dashed line: SEMICON opens, 17 Sep

NSE daily closes via Yahoo Finance · 21 Aug to 21 Sep 2026

Sources