Policy · Government, Defense & Space

Applied Materials commits $5 Bn to India semiconductor push

By Startup Enthusiast · 17 September 2026

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Applied Materials announced a $5 Bn investment over 10 years at SEMICON India 2026 to boost India's chip ecosystem

The commitment includes a new 140-acre research park and growing supply chain capacity tenfold by 2035

This aligns with India's Semicon 2.0 plan, which has attracted over ₹1 Lakh Cr in investment pledges

Applied Materials announced a $5 Bn investment commitment as part of its India Vision 2035.
Prabhu Raja, president of the semiconductor products group, made the announcement at SEMICON India 2026 in New Delhi.
The investment will be used over the next decade to integrate India's semiconductor ecosystem into the global value chain.
The plan has three pillars: deepen R&D, accelerate the ecosystem, and foster talent in India.
A new 140-acre advanced semiconductor research park with cleanroom capabilities will be built.
The company aims to grow India-based supply chain capacity 10X by 2035.
PM Modi highlighted the commercial production launches of two new semiconductor plants at Mohali and Surat.

The Union Cabinet approved the second phase of the Indian Semiconductor Mission, Semicon 2.0, with an outlay of ₹1.28 Lakh Cr.
Semicon 2.0 focuses on six areas: chip design; semiconductor equipment and materials; fabs; ATMP/OSAT; R&D; and talent development.
The government expects at least 200 chip-design startups to participate, up from 105 in the first phase.
Investment commitments of over ₹1 Lakh Cr ($11-12 Bn) have been made since the launch of Semicon 2.0.
1 Lakh jobs have been created since Semicon 2.0 began, per union minister Ashwini Vaishnaw.

Applied Materials makes semiconductor equipment and materials used in chip manufacturing.
It serves customers including chipmakers and foundries worldwide.
The company's products include deposition, etch, and metrology tools.
It operates in multiple countries and has a significant presence in India.
Applied Materials generates revenue from equipment sales, services, and spare parts.

Applied Materials will build a 140-acre advanced semiconductor research park in India.
It will grow India-based supply chain capacity tenfold by 2035.
PM Modi called for building a stronger domestic supply chain by backing fabless chip companies and developing homegrown IP.