SEMICON India 2026 is jointly organized by India Semiconductor Mission (ISM) under Ministry of Electronics & Information Technology and SEMI (Semiconductor Equipment and Materials International), leading microelectronics industry association.
- With theme ‘Silicon to Systems: Building the Ecosystem’, SEMICON 2026 aims to accelerate industry growth and investments, and position India as a key semiconductor hub.
India Semiconductor Mission 2.0 (Semicon 2.0)
- Expanded outlay to $13.5 billion from $8 billion in first phase.

- Focuses on Six pillars: Design, Machines and Materials, Fabrication units, Advanced packaging, R&D, and Talent development.
Other Initiatives for Semiconductor Industry
- ISM (Semicon 1.0) 2021: To establish a domestic semiconductor and display manufacturing ecosystem. It introduced dedicated Schemes for setting up Semiconductor Fabs and Display Fabs.
- Research, Development and Innovation Scheme: Supports eligible research projects under Semicon 2.0 and strengthens domestic semiconductor innovation.
- National Policy on Electronics 2019: Established overarching framework for Electronics System Design and Manufacturing, including core components such as chipsets.
Challenges in India’s Semiconductor Industry
- Limited Advanced Fabrication: Most Indian fabs focus on mature nodes (>28nm), lagging in advanced chips (3nm, 5nm) for AI and quantum computing.
- Other issues: High Capital & R&D Costs for Semiconductor fabs; Skilled Talent Shortage in manufacturing workforce; Slow project execution and approval processes etc.