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The Economic Times
Companies from US, Europe, Japan among those keen to join India's chip making ecosystem
Amidst a global semiconductor shortage, companies from the US, Europe, Japan, and Southeast Asia are expressing interest in India's substantial semiconductor manufacturing initiative known as Semicon 2.0. The initiative aims to bolster domestic production and design capabilities, with guidelines anticipated shortly. The upcoming Semicon India event will serve as a platform for these global firms to explore collaborative opportunities and showcase technology.
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Published 31 Jul 2026, 16:31 UTC3 min read
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Summary
TL;DR
- Foreign firms are keen on India's semiconductor program.
- The Indian government approved a Rs 1.27 lakh-crore initiative.
- Semicon India event scheduled for September will host global companies.
- Focus on enhancing semiconductor design capabilities as part of the value chain.
- Government discussions include major players like Hynix Semiconductor.
Interesting facts
- Many foreign companies may enter India out of fear of missing out (FOMO).
- Chip design, a vital part of the semiconductor value chain, remains underutilized in India.