How Indian does an Indian chip need to be?

An Indian company designs a chip. Foreign software helps engineers build it. An overseas factory manufactures it. Whose chip is it?At SEMICON India 2026, ET AI spoke with leaders from Mindgrove, Cadence, Applied Materials, LightSpeed Photonics and Teradyne about what makes a chip Indian.The conversations explore design ownership, overseas manufacturing, foreign tools and the local suppliers and testing capabilities India needs. Together, they raise a larger question about India’s semiconductor ambitions: what must the country control, and where can it work with the world?