Applied Materials to Invest Billion in India as Semiconductor Summit Kicks Off

Applied Materials to Invest $5 Billion in India as Semiconductor Summit Kicks Off

Applied Materials announces $5B investment in India's semiconductor sector during SEMICON India 2026 event.

September 17, 2026 One Min Read

POLICY WIRE — New Delhi, India — Applied Materials, a leading U.S. semiconductor equipment company, has announced a $5 billion investment in India over the next decade to bolster the nation’s growing semiconductor industry.

The plan includes the creation of a 140-acre research and development park in India, aimed at strengthening the company’s innovation capabilities and introducing advanced technologies. The initiative aligns with the Indian government’s broader efforts to expand its semiconductor ecosystem beyond chip manufacturing into research, equipment development, and supply chain operations.

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The announcement coincided with the opening of SEMICON India 2026, a three-day industry event drawing over 600 companies from 52 countries. The investment also supports India’s Semiconductor Mission 2.0, which seeks to develop a comprehensive domestic semiconductor value chain, including design, materials, and workforce training. Applied Materials’ workforce in India has grown to more than 7,000 employees, quadrupling over the past ten years.

Reporting by Policy-Wire (PW)

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