Wipro Enterprises is seeking a technology partner as Indian conglomerates increase investments in chip manufacturing.
Wipro Enterprises has recently announced a plan to enter the semiconductor industry, likely through the outsourced semiconductor assembly and test (OSAT) segment, according to a report on a news website. The discussions are currently at an early and exploratory stage.
The company is keen to diversify into the semiconductor sector. As part of its initial steps, the company is reportedly looking for a reliable technology partner, which will be a key factor before moving forward with any concrete plans.
The potential move comes at a time when several Indian conglomerates are investing heavily in the semiconductor ecosystem. Recently, HCL Technologies began work on an OSAT facility in Uttar Pradesh, valued at Rs. 3,700 crore, in collaboration with Foxconn. Meanwhile, the Tata Group is setting up a Rs. 27,000 crore OSAT plant in Assam. Similarly, CG Semi, part of the Murugappa Group, has started the first unit of its Rs. 7,600 crore OSAT project in Gujarat.
Wipro Enterprises is part of the broader Wipro Group but operates independently from Wipro Limited. The company has two main divisions—Wipro Consumer Care and Lighting and Wipro Infrastructure Engineering (WIN). The WIN division focuses on sectors such as hydraulics, aerospace, industrial automation, and water treatment.
According to another source cited by the report, the company’s plans may take clearer shape once more details emerge about the next phase of India Semiconductor Mission 2.0. This will help determine whether the government will continue to push for additional semiconductor manufacturing projects, given that around 10 projects are already underway in the country.
In July last year, the WIN division launched Wipro Electronic Materials as a new business unit. Earlier this year, the company received approval under the Electronics Components Manufacturing Scheme to invest Rs. 500 crore in setting up a copper-clad laminate manufacturing plant in Bengaluru.
Industry analysts informed that such diversification efforts are logical as companies face increasing pressure and market shifts driven by rapid developments in artificial intelligence technologies.
