Bharat Forge Working with Major Chipmakers to Boost India's Semiconductor Ecosystem

As per The CNBC TV18 news report, Bharat Forge has made its entry into the semiconductor sector, collaborating with 3 of the world’s top 5 chipmakers.  

This development is part of India's broader ambitions to create a robust domestic semiconductor ecosystem. 

Bharat Forge's Foray into the Chip Industry 

Chairman Baba Kalyani to CNBC TV18 that Bharat Forge is making strides in the global semiconductor market through strategic partnerships with leading chipmakers.  

These collaborations involve manufacturing parts for lithography machines, essential tools in the chip production process. 

The move aligns with India's push to establish a local semiconductor industry under the India Semiconductor Mission (ISM), which has attracted investment commitments of over ₹1.65 lakh crore across 12 approved projects. 

India Semiconductor Mission and ISM 2.0 

The ISM, initially launched with a ₹76,000 crore outlay, is evolving to encompass various aspects of the semiconductor supply chain, including equipment, materials, and indigenous intellectual property.  

India's strategic focus aims to lessen dependency on imports and enhance its technological capabilities. 

Kalyani highlighted that exports make up almost 40% of Bharat Forge’s defence sales. Additionally, Bharat Forge has obtained its largest-ever army carbine order, signalling strength in its defence sector. 

Read More: Bharat Forge Announces ₹6.50 Final Dividend; Record Date Fixed for July 3! 

Impact on the Defence Sector 

Kalyani noted significant reforms in India's defence sector, with the company shifting from component-level participation to platform-level involvement.  

This has opened avenues for growth in defence exports to various regions, including Europe, the US, and India. 

Bharat Forge is seeing new opportunities worldwide due to the changing global defence landscape, highlighted by continuous demand in both domestic and international markets. 

Bharat Forge Share Price Performance  

As of June 10, 2026, at 2:24 PM, Bharat Forge share price on NSE was trading at ₹1,952.80 up by 1.42% from the previous closing price. 

Conclusion 

Bharat Forge’s entry into the semiconductor industry marks a significant development in India's efforts to build a self-sufficient tech ecosystem.  

Track the stock market in Hindi. Visit Angel One News for the latest market trends, insights, and share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.