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Applied Materials Announces $5 Billion India Investment Under Vision 2035 for Semiconductor Ecosystem

Summary by Times of India
Applied Materials will invest five billion dollars over the next decade. This investment aims to accelerate India's semiconductor ecosystem integration globally. The company will deepen research and development capabilities within India. It also plans to accelerate the local supply chain capacity ten times. President of the Semiconductor Products Group at Applied Materials, Prabhu Raja said speaking at SEMICON India 2026.

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Applied Materials announced a $5 billion investment in India over the next decade, while Narendra Modi’s government is trying to turn the country into a new global semiconductor center. Commitment comes amid growing demand for artificial intelligence chips, technological restrictions between Washington and Beijing, and delays that still slow down large-scale local manufacturing.

Applied Materials announced a long-term investment plan for India's semiconductor ecosystem. The company will invest a total of $5 billion in the country over the next 10 years. This includes a 140-acre research facility...

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Times of India broke the news in India on Thursday, September 17, 2026.
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