CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: The India Electronics & Semiconductor Association (IESA), the nation’s premier industry body for the Electronics System Design and Manufacturing (ESDM) sector, today inaugurated the IESA Vision Summit 2026 at The Leela Bhartiya City Convention Centre, Bengaluru on 25th February, 2026. Bringing together the brightest minds from industry, government, and academia, the two-day summit — themed “Design to Manufacturing: Synergy of Product, Production and Skill” — signalled a decisive shift in India’s ambition to becoming a Product Nation.

A Theme That Defines a Movement

The 2026 edition’s theme — Design to Manufacturing: Synergy of Product, Production and Skill — captures what industry leaders describe as the most critical challenge and opportunity facing India’s electronics sector today: bridging the gap between world-class chip and product design capabilities and scalable, high-quality domestic manufacturing.

“India has already demonstrated global leadership in semiconductor design. The next step is clear — we must complete the value chain. We must Create, build, and manufacture world-class products at scale, with uncompromising quality and a deeply skilled workforce to sustain that growth.

India has the engineering talent to power the world. What we now need is the resolve to innovate boldly, the discipline to manufacture competitively, and the foresight to skill our people continuously — not just for India, but for the global technology ecosystem,” said Mr. Ashok Chandak, President, IESA, in his inaugural address.

“The IESA Vision Summit has, over the years, grown into far more than a conference — it has become a “national convergence platform” where ideas, partnerships, policy, innovation, and execution come together to drive real impact. This summit brings together “industry leaders, government policymakers, global investors, start-up innovators, academia, and ecosystem partners” — all united by a shared purpose: “to transform India into a global hub for semiconductor design, manufacturing, and innovation”, commented Mr. Ruchir Dixit, Chairperson IESA.

“India’s electronics manufacturing has grown sixfold in eleven years — a foundation built on policy conviction, industry trust, and global partnership. As we advance into the next phase of our semiconductor mission, we do so with a long-term resolve. India is working on designing various AI applications. Under NSM, Ministry of Electronics and IT is working on design and development of infrastructure that is required for AI. In ISM 2.0, support for design, Manufacturing and packaging will continue and will further expand for semiconductor ecosystem development. Research and Development (R&D) in cutting edge technologies and skilling will also be the key focus areas. India Semiconductor Mission is not only a government initiative, this is a journey of all stakeholders with a resolve to build a resilient, trusted, and future-ready supply chain that brings stability not just to one nation, but to the world,” said Shri. Amitesh Kumar Sinha, CEO & Additional Secretary, ISM, MeitY addressing the summit.

“Back when I stood up at San Francisco and predicted a $1 trillion semiconductor industry by 2030, I wasn’t thinking big enough. We’re already at $1 trillion — not by 2030, but as of today if we take in account the chips being designed and manufactured in-house by hyperscalers and major system companies-the industry has already crossed that threshold. So today, I’m putting a new stake in the ground: $2 trillion by 2035. That’s not a hope. That’s a strategic projection grounded in where this industry is heading — driven by AI, advanced packaging, and the insatiable demand for compute at every layer of the technology stack. We’ve surprised ourselves before. We’ll do it again. Prime Minister Modi invoked Moore’s Law at one of our SEMICONs, calling for India’s semiconductor industry likewise to grow exponentially now that the stars are aligned. The government has done its part. Now it’s up to the people of India to step up,” said Mr. Ajit Manocha, CEO and President, SEMI at the inauguration.

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