India Positions Chip Industry as Global Supplier Ahead of SEMICON 2026

India moves chip production from design stage to active factories, Prime Minister Narendra Modi said the nation’s semiconductor story is now in manufacturing, with several new fabs operational ahead of the SEMICON India 2026 exhibition.

Prime Minister Narendra Modi presented India as a “trustworthy” destination for chipmakers, emphasizing policy stability and incentives that aim to attract foreign investment while reducing reliance on external supply chains.

Semiconductor Heavyweights such as Taiwan’s TSMC and South Korea’s Samsung announced expanded production lines in India, deepening their footprint and committing capital to meet global demand as the country prepares for SEMICON 2026.

Vikram Misri of the Department for Promotion of Industry and Internal Trade said India does not need to build the entire chip supply chain domestically, focusing instead on strategic partnerships like the Sumitomo Chem and Tata Electronics materials tie‑up.