Cyient Limited announced the strategic expansion of its Semiconductor business with the establishment of a fully owned subsidiary. This decision marks a significant leap forward in Cyient's commitment to innovation and excellence within India's growing semiconductor landscape. Cyient's portfolio of over 600+ IPs covering a range of functions and technology nodes, long- standing engagements with key customers, and global capabilities give the Company the strategic edge to achieve significant growth.

The subsidiary will strengthen the position in the industry by delivering world-class specialized turnkey ASIC design and chips sales under focused and capable leadership, adapting to market cycles, and more effectively addressing this industry's technology and capital requirements.