A business-led discussion at The Hindu Semiconductor Summit 2026 revolved around what four companies need in order to connect their technological capabilities and create a complete semiconductor ecosystem in India
Speed, ease of business, and international teamwork are crucial if India wants to advance its semiconductor ecosystem, according to four technologists and senior leaders who led a discussion during The Hindu Semiconductor Summit 2026 on Tuesday (October 27, 2026).
During the business-led session titled ‘From Design to Fab: Can India Build a Complete Semiconductor Ecosystem’ moderated by Kunal Shankar, The Hindu’s Deputy Business Editor, panel experts gave the audience a reality check and pushed back against ‘Indian tech versus the world’ narratives. When it comes to the semiconductor value chain, the four companies occupy four different positions. Teradyne supplies semiconductor test equipment, and Krypton builds and integrates electronic products. Dr. Rengarajan was firm in his belief that even though India was a late entrant to the sector, the country had design talent on one end of the chain and consumers on the other, with a network connection required between the two. Rengarajan explained while addressing the challenges of indigenisation. Pointing to regions such as Japan, Taiwan, and even countries in Europe, Dr. Marmik Bhatt, Founder and CEO, Monk9 Tech Private Limited, observed that other international power players such as Qualcomm worked with companies across the world, including India, in order to manufacture and test their products.
Applied Materials supplies fabrication equipment and process technologies, while Monk9 Tech says it is developing semiconductor design and fabrication capabilities. “Take what you have, and design what you need,” Dr.
Suraj Rengarajan, Managing Director and Principal Technologist, Applied Materials India, tremendous ambitions aimed at vertical integration of the semiconductor industry may not be entirely possible and necessary either.
According to Dr.
