Tata Consultancy Services (TCS) has announced the launch of chiplet-based system engineering services aimed at accelerating semiconductor innovation. This initiative is expected to support India's efforts to position itself as a global hub for chip design and manufacturing.
The new services are designed to assist semiconductor firms in creating faster and more efficient chips, while also making next-generation chip design more accessible to customers. By adopting chiplet-based architectures, TCS focuses to enable modular as well as scalable solutions that can meet the evolving demands of the semiconductor industry.
The announcement comes at a major time, as India's semiconductor market is forecast to expand from about USD 45-50 billion in 2024-2025 to USD 100-110 billion by 2030. This growth showcases the increasing focus of the country on strengthening its position in the global semiconductor value chain. The initiatives by government authorities, including the India Semiconductor Mission, is also expected to further bolster this expansion by achieving investments as well as fostering innovation in the sector.
TCS's launch of chiplet-based system engineering services holds a strategic step to improve semiconductor innovation in India. By providing advanced solutions that facilitate efficient chip design and manufacturing, TCS aims to contribute to the nation's ambition of becoming a global leader in the semiconductor industry.
According to Coherent Market Insights, the semiconductor industry is projected to grow at a CAGR of 8.6% during 2025 to 2032. Currently, the market is at USD 585.80 billion in 2025 and is expected to be around USD 1,043.66 billion by 2032. The market is seeing a fast shift towards miniaturization and improved chip performance, promoted by innovations in semiconductor materials as well as manufacturing processes.
Source:
News room: press release
Company: Tata Consultancy Services (TCS)