{
  "id": 8216948,
  "title": "India Needs Hundreds Of Chip Companies To Build Global Ecosystem: L&T Semicon CEO",
  "url": "https://urgent.news/2026/09/18/india-needs-hundreds-of-chip-companies-to-build-global-ecosystem-l-t",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-18T09:03:53.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/india-needs-hundreds-of-chip-companies-to-build-global-ecosystem-lt-semicon-ceo/"
  },
  "original_language": "en",
  "account": "India requires a multitude of semiconductor companies to establish a competitive chip ecosystem, as the nation strives to expand beyond mere fab installations and cultivate expertise across the entire value chain, according to Sandeep Kumar, CEO of L&T Semiconductor Technologies (LTSCT). Kumar highlighted the difficulty faced by a single entity in addressing the vast scope of the global semiconductor market, asserting that the ecosystem's expansion hinges on the emergence of numerous Indian chip companies rather than the dominance of a select few. India has honed capabilities in digital and compute technologies, analog and mixed-signal design, and radio frequency technologies; however, it still grapples with gaps in system architecture, high-power semiconductors, memory, optics, and manufacturing. Kumar emphasized that system architecture, the process of comprehending customer requirements and engineering products based on market needs, poses a more significant challenge than chip architecture, partly because Indian engineers have historically had limited exposure to direct interaction with global end customers. At the Semicon India 2026 event, LTSCT showcased 40 semiconductor products, including its inaugural silicon carbide (SiC) product platform and a completely designed-in-India BLDC motor controller. LTSCT's 1,200V SiC MOSFET platform is tailored for applications like EV fast chargers, microgrids, solid-state transformers, and traction inverters. The BLDC motor controller is intended for energy-efficient ceiling fans and is engineered to benefit multiple models while reducing bill-of-materials costs. LTSCT's product portfolio also encompasses a vision camera SoC with on-device AI acceleration, a secure identity platform for e-passports, payment cards, and connectivity modules for smart metering, automotive, and digital payments. Prime Minister Narendra Modi inaugurated the fifth edition of Semicon India in Delhi on September 17, unveiling $5 billion in investment commitments from Applied Materials through 2035 and ₹1 lakh crore in funding under Semicon 2.0. MeitY Secretary S Krishnan announced that India now hosts semiconductor production at six locations, and Semicon 2.0 will focus on rectifying gaps in advanced packaging, industry-linked R&D, and manufacturing talent development. Foreign Secretary Vikram Misri stated that India does not necessitate the replication of the entire global semiconductor supply chain domestically; instead, the country should concentrate on fortifying sovereign capabilities in strategically crucial domains such as chip design and packaging while collaborating with reputable global partners for other value chain components. The Indian government has introduced stricter conditions for companies receiving incentives under Semicon 2.0, forbidding them from selling or pledging supported projects until they achieve full commercial production and mandating that they maintain operations for at least three years post-support. Furthermore, domestic semiconductor giant Tata Electronics reported that its Dholera fab and Assam packaging facility's operational schedules remain on track, and the company also forged a strategic partnership with Netherlands-based Nexperia, under which Nexperia's MOSFETs will be manufactured at Tata's upcoming Dholera fab, while its discrete chips will be assembled and tested at Tata's Jagiroad facility. This collaboration comes as the Dutch chipmaker seeks to diversify its manufacturing footprint amid an ongoing dispute with its Chinese parent, Wingtech.",
  "summary": "“India will need hundreds of semiconductor companies to build a globally competitive chip ecosystem, as the country looks to move…",
  "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."
}