{
  "id": 12287474,
  "title": "Japan's chip industry capitalizes on growth in India semiconductor industry",
  "url": "https://urgent.news/2026/10/06/japans-chip-industry-capitalizes-on-growth-in-india-semiconductor",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-06T02:30:08.000Z",
  "source": {
    "name": "The Mainichi",
    "slug": "the-mainichi",
    "url": "https://mainichi.jp/english/articles/20261006/p2g/00m/0na/006000c"
  },
  "original_language": "en",
  "account": "Japanese chip-linked companies are expanding their presence in India, driven by Prime Minister Narendra Modi's goal for the nation to become a leader in the semiconductor industry. At the Semicon India 2026 event in New Delhi, over 30 Japanese firms participated, highlighting the growing interest in the country's semiconductor sector. India aims to establish itself as a global chip manufacturing hub through its state-backed semiconductor program, with Prime Minister Modi pledging to increase the budget to around $13.5 billion, up from $8 billion. The first phase of the program approved 12 semiconductor manufacturing and packaging projects. Japanese companies have signed around 120 memorandums of cooperation, totaling investments of $12.7 billion. Japanese firms, including Fujifilm Corp., Sumitomo Chemical Co., and Enomoto Co., are collaborating with Indian companies such as Tata Electronics Pvt. Ltd. and Horiba India Pvt. Ltd. to develop supply chains, research and development, and skilled personnel. U.S. chip-making equipment companies Applied Materials Inc. and Lam Research Corp. have also announced plans to invest significantly in India. South Korean supplier Hae Kwang Co. is experiencing increased demand in India and is involved in a new project in Gujarat. Despite the progress, India still faces challenges in finding workers with specialized semiconductor skills.",
  "summary": "NEW DELHI (Kyodo) -- Japanese chip-linked companies are stepping up their foray into the Indian market, banking on Prime Minister Narendra Modi's init",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}