New Delhi, Sep 18 (IANS) India’s semiconductor industry has entered a phase of rapid expansion, with government incentives, rising global interest and growing technological capabilities expected to drive large-scale investments, innovation and job creation over the coming years, industry leaders said on the second day of Semicon India 2026 on Friday.
Speaking to IANS, Sangeet Kumar, Co-founder and CEO of Addverb, said the company is fully India-based and operates two manufacturing facilities in Noida. At Semicon India 2026, Addverb is showcasing automation and robotics solutions developed for the semiconductor industry, including reel storage systems, automated storage and retrieval systems, humanoid robots designed to transport FOUPs and compact robots for assembly lines.
Kumar said government policies and incentive schemes could lead to significant growth in the semiconductor sector over the next decade.
“Over the next 10 years, this sector will witness tremendous growth due to government policies and incentive schemes. In the initial phase, a significant portion of the technology will come from overseas, but gradually India will develop its own indigenous technologies,” he said.
Rajiv Gautam, President of Horiba India Pvt Ltd, said India’s semiconductor journey gained momentum with initiatives led by Prime Minister Narendra Modi and the launch of the India Semiconductor Mission.
He said the initial focus was largely on setting up semiconductor manufacturing units, but it soon became evident that factories alone would not be sufficient to build a globally competitive industry.
“A strong semiconductor industry requires an entire ecosystem, including raw materials, gases, equipment, supply chains and skilled talent,” Gautam said.
He added that Horiba, which has been part of the semiconductor industry in Japan for 73 years, is also contributing to the development of the wider ecosystem in India.
Suchitra Banerjee, CEO of Ajnavision, said strong policy-level emphasis on semiconductor development was generating greater interest among young people and entrepreneurs.
Anil Chaudhary, Head of Department at Delta Electronics India, said India’s progress in the semiconductor sector had been faster than expected.
“The morale of people working in the industry is extremely high because the country has made remarkable progress in a very short period,” he said.
Chaudhary said the global community had long viewed India as a country with significant potential and that its technological capabilities and talent were now increasingly being reflected in the semiconductor sector as well.
Sriram Viswanathan, Founding Managing Partner at Celesta Capital, said the government was moving in the right direction but several challenges needed to be addressed to strengthen the ecosystem further.
“Regulatory, taxation and incentive-related issues need to be simplified. At the same time, greater focus is required on domestic procurement and building local markets,” he said, adding that Indian companies need a strong domestic market where they can sell their products.
Ashok K. Chandak, President and CEO of the India Electronics and Semiconductor Association (IESA) and SEMI India, said discussions during roundtables with various countries at Semicon India 2026 had been highly productive.
–IANS
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