Chennai-based iVP Semiconductor is making a bold play to win a meaningful slice of India’s fast-growing power semiconductor market, and it’s doing it with a strategy that goes beyond chips. Led by founder Raja Manickam, iVP Semi believes the biggest gap in the market isn’t just supply, it’s service.
Power semiconductors are the unsung workhorses behind modern electrification. They help manage and convert electricity efficiently in systems like solar inverters, wind turbines, EV charging infrastructure, energy storage, industrial automation equipment, and a wide range of renewable energy hardware. As India accelerates investments in renewables and electrification, demand for reliable, high-performance power chips is expected to rise sharply.
iVP Semiconductor is positioning itself to serve that demand by focusing on a pain point many Indian original equipment manufacturers (OEMs) know all too well: working with large global chipmakers often means long waits, limited engineering attention, and slower response cycles. For many Indian OEMs, they simply don’t rank high in global vendors’ priority queues, especially when larger markets are competing for the same engineering resources, technical support, and supply allocation.
That “poor service experience” is exactly what iVP Semi is aiming to fix. The company’s bet is that Indian OEMs want a semiconductor partner that treats them like a priority, with faster support, better collaboration, and a more responsive approach to design and delivery. In a sector where product timelines, qualification cycles, and field reliability matter tremendously, service can become a differentiator as important as performance or price.
With India’s renewable energy push gathering speed, iVP Semi is seeking to turn this customer frustration into an advantage, targeting a significant share of the renewable energy chip segment. If the company can consistently deliver quicker engagement and stronger support while meeting the performance and reliability standards the industry demands, it could become a preferred partner for Indian manufacturers building the next wave of clean-energy and power electronics products.
At its core, iVP Semiconductor’s message is straightforward: India’s power semiconductor opportunity won’t be won only by who has the biggest global footprint, but also by who shows up, supports customers, and solves problems quickly when it counts.
