India’s IT eyes chip, electronics foray to glide over growth bumps

India’s top IT firms are dipping their toes into electronics and semiconductors as a possible diversification strategy given the massive push these areas are getting in the country. This is not just to enter the sunrise sector directly but firms are also looking to leverage their engineering and research & development prowess strategically by acquiring and investing in various segments of the electronics and semiconductor value chain and deepening their services offering to customers, experts said.