KPMG in India, along with the India Deep Tech Alliance (IDTA) and Nishith Desai Associates (NDA), has unveiled a new report titled “India’s Semiconductor Opportunity: Building a Globally Competitive Ecosystem” at SEMICON India 2026, laying out how the country can turn policy support, rising domestic demand and a deep engineering talent pool into a globally competitive chip industry.
The report was released at Yashobhoomi in New Delhi, where SEMICON India 2026 is running from September 17 to 19 under the theme “Silicon to Systems: Building the Ecosystem.” Prime Minister Narendra Modi inaugurated the event, which has drawn more than 600 companies and delegations from 52 nations, underscoring how central the India semiconductor ecosystem has become to the country’s technology and manufacturing ambitions.
What Does the KPMG Report Say About India’s Semiconductor Ecosystem?
The report examines four pillars that KPMG, IDTA and NDA believe will determine whether India can build a globally competitive semiconductor ecosystem: sustained policy support from the central and state governments, a fast-growing domestic demand base spanning smartphones, automotive electronics and data infrastructure, a deep bench of engineering talent, and emerging front-end and back-end manufacturing capabilities. Together, these are positioned as the foundation for India to move beyond assembly and testing into higher-value chip design and fabrication over the coming decade.
What Does This Mean for Indian Tech and Manufacturing Businesses?
For Indian technology and manufacturing companies, the report’s release alongside SEMICON India 2026 signals growing institutional confidence that semiconductor supply chains will keep localising. Component makers, contract manufacturers and fabless design startups stand to benefit most directly, while sectors like automotive, telecom and consumer electronics gain a domestic alternative to import-dependent chip sourcing. The government’s parallel push to train 1 lakh engineering students specifically for the semiconductor industry — with thousands already trained — is aimed squarely at closing the skilled-workforce gap that has historically slowed fab and design investments in India.
Industry Reaction and Expert Commentary
The scale of SEMICON India 2026 — over 600 participating companies and 52 countries represented — reflects how the event has grown into one of the region’s key gatherings for chip industry policymakers, investors and manufacturers. Industry bodies involved in the report have framed it as a practical roadmap rather than an aspirational document, focused on translating India’s Production Linked Incentive support and state-level semiconductor policies into bankable projects. The involvement of a legal advisory firm like Nishith Desai Associates alongside KPMG also points to growing attention on the regulatory and investment-structuring side of semiconductor deals in India.
What Happens Next?
With SEMICON India 2026 running through September 19, expect further announcements on state-level incentive packages, fab and OSAT (outsourced semiconductor assembly and test) project updates, and talent-development partnerships between industry and academic institutions. The report’s release is likely to be followed by more granular sector-specific roadmaps as the India Deep Tech Alliance and its member companies continue to publish data on capital deployed across the semiconductor and broader deep-tech landscape.
Frequently Asked Questions
What is SEMICON India 2026?
SEMICON India 2026 is a semiconductor industry event held at Yashobhoomi in New Delhi from September 17 to 19, 2026, themed “Silicon to Systems: Building the Ecosystem.” It brought together over 600 companies and delegates from 52 nations to discuss India’s chip manufacturing and design ambitions.
Who published the semiconductor opportunity report?
The report, titled “India’s Semiconductor Opportunity: Building a Globally Competitive Ecosystem,” was jointly released by KPMG in India, the India Deep Tech Alliance (IDTA) and Nishith Desai Associates (NDA) at the SEMICON India 2026 event.
How is India addressing the semiconductor talent gap?
The Indian government has set a target of training 1 lakh engineering students specifically for the semiconductor industry, with thousands of students already trained under this initiative, aiming to build the skilled workforce needed to support new fab and design projects.
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