India Needs Hundreds Of Chip Companies To Build Global Ecosystem: L&T Semicon CEO

“India will need hundreds of semiconductor companies to build a globally competitive chip ecosystem, as the country looks to move beyond setting up fabs and develop capabilities across the wider value chain”, Sandeep Kumar, CEO, L&T Semiconductor Technologies (LTSCT), reportedly said during at the Semicon India 2026 today. As per a report by PTI, Kumar highlighted how it is difficult for a single company to address the breadth of the global semiconductor market. Thus, he believes that the ecosys