The landmark technology partnership announced during the India-Japan Annual Summit has received strong support from the Indian semiconductor industry, with India Electronics and Semiconductor Association (IESA) describing the agreement as a major step towards building one of the world's most trusted and resilient technology alliances.
Welcoming the outcomes of the summit, Ashok Chandak, President, IESA & SEMI India, said the renewed focus on artificial intelligence, semiconductors, critical minerals, clean energy, trusted technologies, and advanced manufacturing reflects the shared commitment of India and Japan to creating a secure and globally competitive innovation ecosystem.
"IESA wholeheartedly welcomes the outcomes of the India-Japan Summit and applauds the leadership of Hon'ble Prime Minister Shri Narendra Modi and Prime Minister Sanae Takaichi for elevating the partnership into a new era centred on economic security, trusted technologies, Artificial Intelligence, resilient supply chains and strategic industrial collaboration. The renewed focus on AI, semiconductors, critical minerals, clean energy and advanced manufacturing reflects the shared vision of both countries to build a secure, innovative and globally competitive technology ecosystem," Chandak said.
Complementary Strengths Can Drive the Next Wave of Innovation
According to Chandak, India and Japan bring highly complementary capabilities to the partnership, creating significant opportunities to establish an integrated technology ecosystem spanning the semiconductor and electronics value chain.
He highlighted Japan's leadership in semiconductor materials, specialty chemicals, manufacturing equipment, precision engineering, and advanced manufacturing technologies, while noting that India has emerged as a global hub for semiconductor design talent, electronics manufacturing, software innovation, and digital technologies.
"India and Japan possess highly complementary strengths. Japan is a global leader in semiconductor materials, specialty chemicals, manufacturing equipment, precision engineering and advanced manufacturing technologies, with 45% market share in upstream semiconductor supplies, while India offers world-class semiconductor design talent, a rapidly growing electronics manufacturing ecosystem, strong innovation capabilities and one of the world's largest future technology markets," he said.
Chandak added that these complementary strengths create a compelling opportunity to establish an end-to-end India-Japan Technology Corridor covering semiconductor design, fabrication, advanced packaging, AI hardware, electronics manufacturing, trusted ICT infrastructure, clean energy technologies, critical minerals, research and development, startups, skilling, and next-generation innovation.
Growing Interest from Japanese Semiconductor Companies
Highlighting the increasing momentum around India's semiconductor ambitions, Chandak revealed that interest from Japanese companies has been growing rapidly as India strengthens its semiconductor manufacturing ecosystem.
"IESA's engagement with the Japanese ecosystem indicates that well over 100 Japanese companies in the semiconductor ecosystem are actively exploring opportunities to participate in India's semiconductor journey through manufacturing operations, joint ventures, technology partnerships, supply chain localisation, R&D collaborations and expansion of their global businesses from India," he said.
He noted that this growing engagement has the potential to accelerate technology transfer, strengthen domestic value addition, enhance manufacturing capabilities, and build globally competitive supply chains across the semiconductor and electronics industries.
Industry Collaboration Will Be the Next Growth Driver
While describing the government-to-government framework as an important milestone, Chandak emphasized that the next phase of the partnership must be driven by stronger collaboration between industries in both countries.
He pointed to industry platforms such as SEMICON India, SEMICON Japan, and the IESA Vision Summit as important catalysts for expanding business partnerships, technology exchange, investment opportunities, and collaborative innovation between Indian and Japanese companies.
"The government-to-government framework is now firmly in place. The next phase must be driven by industry-to-industry partnerships. Flagship platforms such as SEMICON India, SEMICON Japan, and the IESA Vision Summit are already playing a catalytic role by facilitating business-to-business networking, technology exchange, partner matchmaking and investment opportunities between Indian and Japanese companies," Chandak said.
He reaffirmed IESA's commitment to working closely with the governments, industry associations, research institutions, and companies from both countries to convert the strategic vision into tangible investments, innovation partnerships, and manufacturing collaborations.
As India accelerates investments in semiconductors, AI, electronics manufacturing, and digital infrastructure, industry leaders believe the emerging India-Japan Technology Corridor could become a cornerstone of the global technology value chain while strengthening economic resilience and technology security across the Indo-Pacific region.
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