Global technology partnerships and resilient supply chains will be essential for India to scale its semiconductor ambitions, even as the country shifts from policy design to execution under Semicon 2.0, a senior MeitY official has said.
Amitesh Kumar Sinha, Additional Secretary at the Ministry of Electronics and Information Technology and CEO of the India Semiconductor Mission (ISM), was speaking on the final day of the International Semiconductor Industry Group (ISIG) Executive Summit India 2026 in New Delhi.
Sinha said India has approved 12 manufacturing projects, of which five have already begun commercial production. “Semicon 2.0 is about building the broader ecosystem, including design companies, materials, chemicals, gases and equipment, alongside manufacturing, R&D and talent,” he said.
He added that while India’s market, talent pool and government incentives are key advantages, global technology partnerships and resilient supply chains will be essential to the next phase of growth.
The ISIG Executive Summit, held under the theme ‘Enabling the Intelligent Future: Advanced Semiconductors, AI, Data Centres and Power Electronics,’ was the first edition held in India. It brought together global technology leaders, researchers, investors and government stakeholders, and covered advanced packaging and OSAT, power electronics and wide bandgap technologies such as silicon carbide and gallium nitride, AI and data centre demand, and development of India’s domestic design, materials, equipment and supply chain ecosystem.
ISIG also signed a pact with the Bihar government for strategic cooperation on the state’s semiconductor and electronics ecosystem. “This first India edition showed what becomes possible when global industry, investors and government are in the same room,” said Dr Shalu Agarwal, General Manager of India and Head of Power Semiconductor at ISIG. “India’s opportunity in advanced packaging and power electronics is real, and our role is to connect it with the technology, capital and partnerships that will help it scale.“
The remarks come weeks after India participated in the US-led Pax Silica initiative, which MeitY Secretary S. Krishnan has called a reflection of the strategic trust placed in India on resilient semiconductor supply chains. India is the only developing nation in the Pax Silica grouping, which seeks to build trusted and diversified supply chains for semiconductors, AI, advanced manufacturing and critical technologies. The government is also preparing to notify the second phase of the semiconductor programme, Semicon 2.0, with India importing close to 90% of its chip requirements at an estimated $30 billion a year.
