Fujifilm Invests $83M in India Semiconductor Materials

According to FUJIFILM Corporation, the company plans to establish a semiconductor materials manufacturing facility in the Dholera Special Investment Region (DSIR) in Gujarat, India, with an investment of approximately ₹800 crore (about US$83 million). The investment will be implemented in phases beginning in October 2026, with commercial production targeted for fiscal year 2028.

Rather than deploying the full investment at once, Fujifilm will expand the facility in stages based on the development of India’s semiconductor industry and customer demand. The first phase will focus on materials used in front-end semiconductor manufacturing, while subsequent phases are expected to cover semiconductor surface-conditioning materials and high-purity chemicals. Fujifilm said the timing and scale of the later investment will depend on industry development and market requirements.

On the same occasion, Fujifilm and Tata Electronics signed a strategic Memorandum of Understanding (MoU) to accelerate the development of India’s semiconductor materials ecosystem. Tata Electronics is constructing a 300 mm semiconductor fabrication facility in Dholera, and Fujifilm plans to develop semiconductor materials tailored to the fab’s process requirements.

The cooperation covers several areas. First, Fujifilm will work with Tata Electronics to develop materials that meet the specific requirements of the Dholera fab. Second, the companies will explore the localization of critical raw materials in India. Fujifilm will also provide Indian chemical manufacturers with technology, quality-assurance capabilities, and manufacturing process know-how to support the production of high-purity chemicals. Third, Fujifilm’s phased investment in Dholera is intended to establish a localized materials manufacturing base that can support the movement of materials to Tata Electronics’ commercial fab.

The project is also aligned with India’s semiconductor development strategy and the country’s ISM 2.0 policy framework, which was approved in July 2026. Fujifilm said it intends to work in line with the India Semiconductor Mission and make use of support available under the updated policy framework.

Randhir Thakur, CEO and Managing Director of Tata Electronics, said the partnership with Fujifilm will strengthen the materials ecosystem supporting the Dholera fab and contribute to building a resilient semiconductor value chain in India. Fujifilm Holdings President and CEO Teiichi Goto has also identified India’s expanding semiconductor market as an important opportunity for the company, while positioning its semiconductor materials business as a key growth driver for the Fujifilm Group.

Tata Electronics’ Dholera fab represents a major investment in India’s semiconductor manufacturing infrastructure. The company plans to invest approximately ₹91,000 crore (about US$11 billion) in the 300 mm facility. The fab is designed to manufacture chips using process nodes ranging from 28 nm to 110 nm, serving applications including automotive electronics, consumer electronics, computing and data storage, wireless communications, and artificial intelligence.

Fujifilm is also considering activities beyond manufacturing. According to The Economic Times, the company is exploring technology-transfer opportunities with Indian chemical companies, particularly in manufacturing processes and quality control for high-purity semiconductor chemicals. Fujifilm is also considering an R&D center in India to support material development, customer projects, and local technical talent. The company’s electronic materials business currently has around 10 employees in India and could expand its local team to approximately 70 over the next five years.

Tetsuya Iwasaki, General Manager of Fujifilm’s Electronic Materials Business Division, said the first stage of the project is expected to be completed by 2028, with some products already certified by Tata Electronics for the initial phase. A later stage is expected to expand Fujifilm’s presence in CMP-related materials and other semiconductor material technologies as the Indian market develops.

For the semiconductor industry, Fujifilm’s investment adds another layer to the emerging Dholera ecosystem. By combining local manufacturing of semiconductor materials with Tata Electronics’ planned 300 mm wafer fabrication capacity, the partnership is intended to strengthen India’s domestic capabilities across key stages of semiconductor production.