Axiro Semiconductor announced the grand opening of its cutting-edge fabless semiconductor design center in Whitefield, Bengaluru. As India’s first large-scale fabless semiconductor company, with millions of integrated circuits shipped monthly to global leaders such as Ericsson, Nokia, Hughes, and Siemens, Axiro is well-positioned to drive innovation in high-impact sectors such as 5G/6G, strategic defense, satellite communications, and industrial IOT.
Axiro is an innovation-driven company that designs next-generation chip solutions in India and manufactures them around the world through strategic partnerships. With a focus on cutting-edge semiconductor design, Axiro is transforming India’s technology landscape by offering world-class silicon that fulfills global performance and reliability criteria.
To reinforce this commitment, CG Power and Industrial Solutions Ltd, a Murugappa Group company, recently invested $36 million, establishing CG Power’s formal entry into the semiconductor design business and putting the Murugappa Group at the forefront of India’s ambition to become a global semiconductor hub.
Mr. Sushil Pal, CEO of ISM; Mr. Vellayan Subbiah, Chairman of CG Power and Industrial Solutions (Axiro’s parent company) and Cholamandalam Investment and Finance Company; Mr. R. R. Tiwary, Representative from the Ministry of Electronics and Information Technology (MeitY); Mr. Gauraw Srivastava, Representative from the Department of Telecommunications (DoT); Dr. Naveen Yand.
Axiro’s new fabless semiconductor strategy allows for a focused emphasis on chip design and IP creation while leveraging global foundries for production, resulting in rapid scalability, cost optimization, and excellent performance.
Its new Bengaluru campus is envisioned as a modern innovation hub, complete with advanced design labs, ergonomic collaborative spaces, and expansion-ready infrastructure to support a doubling of its R&D workforce by 2026. The company is also committed to operating in an environmentally friendly manner, with a comprehensive ESG plan in place.
Leadership Comments
Speaking at the inauguration, Mr. Sushil Pal, CEO of ISM, emphasized the national strategic importance of indigenous semiconductor design capabilities. “Axiro is a milestone for India’s semiconductor mission. It reflects the vision of self-reliance with global relevance,” he stated.
Highlighting the importance of close collaboration with technology partners and academic institutions to foster innovation in semiconductor design, Mr. Vellayan Subbiah, Chairman of CG Power and Industrial Solutions (Axiro’s parent company), stated that breakthrough innovations and an unwavering commitment to excellence will continue to propel Axiro Semiconductor forward. The company aims to deliver cutting-edge solutions for AI, automotive, and IoT applications, further accelerating India’s integration into the global semiconductor value chain.
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