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SEMICON India 2026: India pitches trusted chipmaking hub as Applied Materials commits $5 billion

SEMICON India 2026 opens in New Delhi as India highlights its semiconductor ambitions and Applied Materials announces a major investment.

New Delhi, September 17, 2026: Prime Minister Narendra Modi inaugurated SEMICON India 2026 at Yashobhoomi, New Delhi, opening a three-day conference and exhibition on the semiconductor and electronics ecosystem.

The event runs September 17-19 and brings together more than 600 companies and representatives from 52 countries, according to DD News, citing MeitY. The Hindu reported that Modi presented India as a trustworthy destination for electronics manufacturing amid global supply-chain concerns.

Reuters reported that Applied Materials plans to invest $5 billion in India over the next decade, focused on research, supply-chain expansion and workforce growth. The Hindu separately described the commitment as a five-year investment to expand the company R&D centre and supply chain.

Reuters and DD News reported that 12 semiconductor projects have been approved under the India incentive programme, with three projects in commercial production. The Hindu reported that the second phase of the India Semiconductor Mission has an outlay of Rs 1.27 lakh crore.

Reported and compiled at 18:00 IST on September 17, 2026. UdaipurMirror does not provide investment advice. Readers should verify information independently before making financial or business decisions.

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