SEMICON India 2026 recorded 25 key announcements and collaborations on its second day, 18 September 2026, spanning semiconductor manufacturing, chip design, advanced packaging, power electronics, materials, logistics, and workforce development, according to a statement from the Ministry of Electronics and Information Technology (MeitY). The deals, involving Indian giants Tata Electronics and L&T Semiconductor Technologies alongside several international partners, mark a significant push to deepen India's domestic semiconductor ecosystem.

Key Partnerships and MoUs Signed

Tata Electronics led a wave of agreements on the day. The company signed a collaboration with INOX Air Products Ltd to strengthen the local supply chain for high-purity gases critical to semiconductor manufacturing. A separate partnership with Sumitomo Chemical Ltd targets the localisation of high-purity wet chemicals and advanced materials for front-end semiconductor manufacturing.

Tata Electronics also tied up with Kelington Engineering Pte Ltd to accelerate fab readiness through gas distribution systems, high-purity piping, and process tool hook-up, with a built-in component for training local partners in specialised manufacturing skills. Additionally, a partnership with Enomoto Co. Ltd was announced for joint R&D and localisation of lead-frame manufacturing to bolster advanced semiconductor packaging capabilities.

L&T Semiconductor Technologies Ltd signed agreements with Virtual Forest Pvt Ltd for co-development of power electronics solutions for air conditioning and solar-powered systems, and with Newen Systems Pvt Ltd for Silicon Carbide Power Modules targeting next-generation renewable energy systems and AI data centres. A further agreement with Fimer India Pvt Ltd covers development of Insulated Gate Bipolar Transistors for renewable energy systems.

C-MET, Pune and Hindalco Industries Limited signed an MoU to scale up critical raw materials essential to the semiconductor supply chain, strengthening indigenous material capabilities and supply chain resilience.

Government-Led Collaborations

MeitY, the Ministry of Power, and POWERGRID announced a collaboration to support indigenisation of Silicon Carbide Power Modules for Voltage Source Converter (VSC)-based HVDC transmission systems. The initiative is to be piloted at POWERGRID's 1,000 MW Pusauli project in Bihar. Separately, the India Semiconductor Mission inked an MoU with Nippon Express, under which the Japanese logistics firm will provide expertise in logistics, warehousing, customs, and related supply-chain services as India's semiconductor sector scales up.

Deep-Tech Investment and Industry Response

The India Deep Tech Alliance reported investments of $263 million across 56 Indian deep-tech companies, signalling growing private capital commitment to the sector. The event drew nearly 12,000 visitors on Day 1, with more than 600 exhibitors — including around 300 international exhibitors — in attendance.

Notably, country roundtables saw strong engagement, with more than 30 companies each from Japan and Singapore participating in their respective pavilions. Delegations from South Korea, Belgium, the Netherlands, and Sweden also participated, reflecting broad global interest in India's semiconductor buildout.

What the Minister Said

Minister of Electronics and IT Ashwini Vaishnaw told reporters that participation was even higher on the second day, with strong business-to-business engagement and several agreements concluded during bilateral meetings. He said the growing participation reflected increasing global interest in expanding semiconductor-related activities in India, with industry leaders indicating willingness to scale up investment based on execution ability.

Vaishnaw also emphasised that Indian semiconductor companies must compete globally on cost and quality, taking into account manufacturability, product life cycle, and power consumption. On the sustainability front, he highlighted the use of water recycling in semiconductor fabs and closed-loop cooling systems in data centres as resource-efficient practices essential to scaling these sectors responsibly.

Why This Matters

India's semiconductor ambitions have been building since the launch of the India Semiconductor Mission, with the government targeting a sizeable share of global chip supply chain realignment driven by US-China tensions and post-pandemic supply disruptions. The volume of deals at SEMICON India 2026 — spanning upstream materials, fab infrastructure, packaging, power electronics, and logistics — suggests the ecosystem is maturing beyond policy intent into commercial execution. How quickly these MoUs translate into operational capacity will be the critical next test for India's semiconductor roadmap.