RT team
Ananant Systems, a key player in the semiconductor and wireless systems industry, has recently joined the India Electronics and Semiconductor Association (IESA). This partnership is a strategic move to enhance India’s capabilities in chip manufacturing and position the country as a pivotal hub for global electronics manufacturing and design.
The company has announced that its extensive portfolio, which includes chip design, semiconductor products, and comprehensive software and systems solutions—all indigenously developed in India—will be integral to this initiative. CEO Chitranjan Singh stated that Ananant Systems is committed to aligning with local partners like IESA to not only advance global competitiveness in wireless technology but also to foster India’s self-reliance in this critical sector.
With India’s semiconductor market expected to grow to $64 billion by 2026, the importance of developing a strong local ecosystem of semiconductor enterprises has become increasingly apparent. Neil Shah, Research Vice President at Counterpoint Research, remarked on the crucial role of companies like Ananant Systems that develop advanced local semiconductor technologies, driving forward the national digital agenda.
Ananant Systems’ affiliation with IESA represents its dedication to driving innovation within India’s semiconductor industry and seizing the multi-billion-dollar opportunities in wireless infrastructure and various ICT applications by developing cost-effective, high-performance solutions domestically. This initiative marks a significant step towards realizing India’s aspirations to become a leader in the global digital economy.
