Ananant Systems offers intellectual property (IP), chip design, semiconductor products, software, and systems — all developed and owned in India.

“With a global outlook and alignment with local partners, including our membership with the IESA, we aim to place India as a leader in the global wireless technology landscape while fostering self-reliance,” said Chitranjan Singh, CEO of Ananant Systems.

India’s semiconductor market is set to grow to $64 billion by 2026.

“Digital India needs a robust ecosystem of indigenous semiconductor companies with homegrown design expertise, talent, and Intellectual Property. Companies like Ananant Systems, which design cutting-edge semiconductor systems locally, are crucial,” said Neil Shah, Research Vice President, at Counterpoint Research.

Developing high-performance solutions at lower costs indigenously for wireless infrastructure and a range of ICT applications, these companies can tap into multi-billion-dollar opportunities, Shah added.