Axiro Semiconductor Pvt Ltd  inaugurated a new fabless semiconductor design centre in Whitefield, Bengaluru. As India’s first fabless semiconductor company operating at scale—with millions of ICs shipped monthly to global leaders like Ericsson, Nokia, Hughes, and Siemens—Axiro is poised to fuel innovation across high-impact sectors including 5G/6G, strategic defence, satellite communications, and industrial IoT.

Axiro is an innovation-led company building next-generation chip solutions designed in India and manufactured globally through strategic partnerships. With a focus on cutting-edge semiconductor design, Axiro is empowering India’s technology landscape by delivering world-class silicon that meets international performance and reliability standards.

Strengthening this commitment, CG Power and Industrial Solutions Ltd, a Murugappa Group company, recently invested $36 million, marking CG Power’s formal entry into the semiconductor design business and positioning the Murugappa Group at the forefront of India’s ambition to become a global semiconductor hub.

The inauguration ceremony was attended by prominent leaders from industry and government, including Sushil Pal, CEO of ISM; Vellayan Subbiah, Chairman of CG Power and Industrial Solutions (Axiro’s parent company) and Cholamandalam Investment and Finance Company; R. R. Tiwary, Representative from the Ministry of Electronics and Information Technology (MeitY); Gauraw Srivastava, Representative from the Department of Telecommunications (DoT); Dr. Naveen Yanduru, CEO of Axiro Semiconductor; and Anshumaan Ravi Swaminathan, Non-Executive Director of Axiro Semiconductor.

Axiro's fabless model enables a sharp focus on chip design and IP creation while leveraging global foundries for production, ensuring rapid scalability, cost optimisation, and high performance.

Its new Bengaluru facility is designed as a modern innovation hub, with advanced design labs, ergonomic collaborative spaces, and expansion-ready infrastructure to accommodate a doubling of its R&D team in 2026. The company is also committed to environmentally sustainable operations with a strategic ESG roadmap underway.

Speaking at the inauguration, Sushil Pal, CEO of ISM, emphasised 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, 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.