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As India builds chips and batteries, one chemical firm is betting on both

Global As India builds chips and batteries, one chemical firm is betting on both Madhvendra 8 min read 17 Jan 2026, 07:00 am IST India’s semiconductor market is projected to double from ₹4.5 trillion in 2024 to ₹9 trillion by 2030, driven by a surge in demand. (Image: Pixabay) Summary A mid-sized API manufacturer is moving into semiconductor and battery chemicals, segments critical to India’s localization push and fraught with execution risk. Gift this article This is a Mint Premium article gifted to you.

As India builds chips and batteries, one chemical firm is betting on both

Credit: Livemint

Key Highlights

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  • Subscribe now India’s ambitions to localize semiconductors and batteries hinge on an unglamorous but critical input: high-precision chemicals.
  • As the country pushes to reduce dependence on imports across strategic supply chains, one mid-sized chemical company is quietly attempting something rare - leveraging its pharmaceutical chemistry roots to position itself at the intersection of both industries.
  • That company is Acutaas Chemicals, traditionally known for advanced pharmaceutical intermediates.
  • Today, it is expanding into semiconductor-grade photoresist chemicals and battery electrolyte additives, two niches that demand extreme purity, deep process control, and long qualification cycles.
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  1. As India builds chips and batteries, one chemical firm is betting on both

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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