India Needs Hundreds of Chip Companies for Global Ecosystem, Says L&T Semiconductor CEO
L&T Semiconductor CEO Sandeep Kumar said at Semicon 2026 India that India needs hundreds of companies, not one, for a competitive semiconductor industry. He said the market has over 20,000 chip products and the path will take about 20 years.
- Kumar: no company will make even 2,000 of 20,000 chip products
- India's weak spots are high-power chips, memory and optics
- Main gap is system architecture, not chips
- L&T Semiconductor released 40+ products in 18 months for 15-20 clients
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