India’s Chip Ambition Accelerates: 25 Deals Announced at SEMICON 2026 Day 2

India’s semiconductor ecosystem is rapidly transitioning from policy intent to commercial execution, with SEMICON India 2026 marking a watershed moment: 25 strategic collaborations, global participation from 52 countries, and five semiconductor projects already in commercial production. This positions India as a credible global hub for chip manufacturing, design, and supply chain resilience.

On the occasion, the Union Minister, Ashwini Vaishnaw, unveiled India’s first indigenous System‑on‑Module — IndieSemiC’s ISC VegaSOM — which combines C‑DAC’s Vega‑Thejas32 processor with IndieSemiC’s globally certified LoRa‑RF module.

Developed under C‑DAC’s Industry Support Centre initiative, this breakthrough marks a pivotal step in India’s semiconductor journey. It showcases how Indian design firms, empowered by the DLI program, are not only innovating but successfully delivering market‑ready products. With chips now integrated into final applications, India is steadily transforming into a true product nation.

Key Highlights from SEMICON India 2026

• 25 Strategic Announcements: Covering semiconductor manufacturing, advanced packaging, logistics, chip design, power electronics, and workforce development.
• Global Participation: Over 600 exhibitors (300 international), 12,000+ visitors on Day 1, and delegations from Japan, Singapore, South Korea, Netherlands, Belgium, Sweden, Malaysia, and the U.S.
• Commercial Production: Five semiconductor projects already operational, exporting products globally.
• Policy Push – ISM 2.0: Backed by ₹1,000 crore allocation in Union Budget 2026–27, focusing on equipment manufacturing, advanced nodes (3nm, 2nm), and supply chain fortification.

Major Collaborations Announced

• Tata Electronics: Partnerships with INOX Air Products (high-purity gases), Sumitomo Chemical (wet chemicals), Kelington Engineering (fab readiness), and Enomoto (advanced packaging).
• L&T Semiconductor Technologies: Deals with Virtual Forest (power electronics), Newen Systems (SiC modules), Fimer India (IGBTs), and Tata Electronics (consumer-grade camera modules).
• C-MET & Hindalco: Scaling indigenous raw materials for supply chain resilience.
• India Deep Tech Alliance (IDTA): Reported $263 million investments across 56 deep-tech firms.
• NIELIT Collaborations: With Siemens EDA, Tata Electronics, Singapore Polytechnic, and SEMI University to strengthen chip design education and workforce development.

Strategic Significance

• Supply Chain Localization: India is reducing dependence on imports by localizing gases, chemicals, and packaging.
• Sustainability Focus: Water recycling in fabs and closed-loop cooling in data centres highlight India’s push for resource-efficient infrastructure.
• Global Confidence: ASML and other toolmakers showcased next-gen lithography and wafer inspection solutions tailored for Indian fabs.
• Talent Development: ISM 2.0 aims to train 100,000 semiconductor engineers in five years, with cleanroom centres in Bengaluru, Noida, and Hyderabad.

India’s Semiconductor Opportunity

• Market Growth: India’s semiconductor market projected to reach $100–110 billion by 2030.
• Global Capability Centres: India hosts 7% of GCCs in semiconductors and employs 20% of the global chip design workforce.
• Strategic Goal: By 2029, India aims to design and manufacture chips for 70–75% of domestic applications, moving toward global leadership by 2035.

SEMICON India 2026, underway at Yashobhoomi in New Delhi until September 19, brings together over 600 companies and is projected to draw nearly 50,000 visitors. The event hosts representatives from 52 nations, more than 400 senior executives, and over 150 speakers. Showcasing global collaboration, the exhibition features six Country Pavilions — Japan, South Korea, Malaysia, the Netherlands, Singapore, and Sweden — alongside 12 State booths, a Startup Pavilion, Innovation Showcase, Student Hackathon, and a dedicated Workforce Development Pavilion.