New Delhi, Nov 2 (PTI) Global chip industry body ISIG plans to mobilise investments from advanced packaging firms, equipment makers, ecosystem partners, and venture capitalists to fund start-ups in India, a top official of the organisation said on Monday.
ISIG Co-Founder and CEO Salah Nasri said that India is a late entrant to the chip ecosystem, but the India Semicon Mission has been a game changer for the country’s semiconductor landscape.
“Taking consideration of silicon photonics, the major mass production is predicted for 2028-29. Co-packaged optics (CPO) is where India can jump in as quickly as possible,” he said.
Nari said India is one of the fastest-growing markets for data centres, and the biggest challenges they face are thermal and power,
which CPO can reduce significantly.
“I think from that standpoint, this is an area that we want to push heavily in India and take full advantage of where the technology is going in that region. There is still time to get involved. One of the areas of focus is quantum computing that we look at bringing to India,” he said.
The International Semiconductor Industry Group (ISIG) represents semiconductor majors like Nvidia, AMD, Broadcom, ASML, Applied Materials, Intel, etc.
The industry body is organising its first two-day Executive Summit India 2026 starting November 3 to initiate the investment and engagement dialogue in India.
“Several players across the globe are looking for more information and right connections in India. They are still trying to get more clarity on India’s plan. We are hosting the first summit in India to initiate that dialogue among decision makers,” Nasri said.
When asked about the difference that ISIG executive will bring in India when there is already similar engagement that takes place at events like Semicon India, he said.
ISIG will compliments initiatives like Semicon India and will also hold close door events with small group of decision makers to discuss and sign the deals. “Networking is easy among smaller groups. Our focus will be on getting deals done,” Nasri said. He said that India has a huge talent base which makes it an attractive destination for the semiconductor ecosystem.
“Around 80 per cent of the global semiconductor workforce are either Chinese or Indian. Several Chinese talents have gone back to China and are building its semiconductor industry. Executives in China are getting paid 3 times more than many of their peers in the US. India too has an opportunity to get its talent back and innovate,” Nasri said.
He said that more than 100 venture capital funds are with ISIG and it plans to fund local start-ups on the spot like it happens in the famous TV show Shark Tank. PTI PRS PRS MR



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