Who is the manufacturer of ingots and wafers in India | Manufacturers & With official Website 2026

Code: MTA6593 Publication Date: Jul 2025

Who is the manufacturer of ingots and wafers in India?

According to 6Wresearch internal database and industry insights, the India ingots and wafers market is expected to grow steadily, estimated to grow at a CAGR of 6.66%.

The are several growth drivers, such as robust manufacturing of electric vehicles [EV] and consumer electronics, increased solar PV installation, Production Linked Incentive [PLI] schemes and clean-energy goals.
The push towards larger wafers, budding domestic ingot production, and the end of merit-based process versus manufacturing pure play approach along the wafer-to-chip value chain, are also picking up steam. Moreover, the semiconductor supply-chain build-out, as well as oxford in coordination with global OEMs, digitalization across other industries, and distinct operational capacity as a wafer production hub particularly enhances prospects for growth in India.

List of the manufacturer of ingots and wafers in India

1. Adani Group – Adani Green Energy Ltd. / ANIL New Industries Ltd.

Company NameAdani Green Energy Ltd. / ANIL New Industries Ltd.
Establishment YearAdani Green Energy: 2015 (ANIL: early 2020s)
HeadquarterMundra, Gujarat, India
Official Website Click Here

Adani Group began commercial production of silicon ingots and wafers for solar cells in Gujarat as of April 2024, and is expanding toward full polysilicon integration by 2027/28. It markets itself as India’s first integrated renewable energy and silicon wafer maker.

2. Lanco Infratech (Bhaskar Solar / Lanco Solar)

Company NameLanco Infratech (Bhaskar Solar / Lanco Solar)
Establishment Year2009 (Lanco Solar project announced ~2011)
HeadquarterBhubaneshwar, Odisha, India
Official Website-

Lanco Solar, part of Lanco Infratech, announced plans to manufacture multicrystalline silicon ingots and wafers in Orissa (Cuttack), targeting solar PV integration. They projected 80 MWp wafer output and up to 1,250 tonnes/year polysilicon capacity.

3. Carborundum Universal Limited (CUMI)

Company NameCarborundum Universal Limited (CUMI)
Establishment Year1954
HeadquarterChennai, Tamil Nadu, India
Official Website Click Here

As part of the Murugappa Group, CUMI is exploring partnerships and JVs to enter vertical integration into silicon ingots and wafers manufacturing, extending its materials expertise into the solar upstream sector.

4. National Aluminium Company Limited (NALCO)

Company NameNational Aluminium Company Limited (NALCO)
Establishment Year1981
HeadquarterBhubaneswar, Odisha, India
Official Website Click Here

Although mainly an aluminium producer, NALCO offers aluminium ingots (metal ingots). It’s not a silicon wafer company, but is a major ingot supplier in metals sector in India.

5. ASM Technologies Limited

Company NameASM Technologies Limited
Establishment Year1992
HeadquarterBangalore, Karnataka, India
Official Website Click Here

ASM Technologies is a technology innovator involved in silicon wafer and IC research, supplying high‑quality wafers, solar cells, and semiconductor components tailored for healthcare, automotive, and renewable energy sectors.

6. Reliance Industries Limited (Reliance Silicones)

Company NameReliance Industries Limited (Reliance Silicones)
Establishment Year1973 (Reliance Silicones involvement in silicon products ~2023–24)
HeadquarterMumbai, Maharashtra, India
Official Website Click Here

Reliance is expanding into silicon-based manufacturing via its subsidiary Reliance Silicones, focusing on wafers, solar cells, and electronics materials to capture domestic semiconductor growth.

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