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India Bets Big on Its Own AI Chip: ₹1.27 Lakh Crore Plan to Build a Homegrown Nvidia Rival
mint - companies·Friday, 17 July 2026
India's Cabinet has approved a ₹1.27 trillion Semicon 2.0 mission to build chip factories, support startups, and fund AI research. The government's R&D body C-DAC is leading the push to create India's first indigenous AI inference chip. Union IT Minister Ashwini Vaishnaw said the chip could be ready as early as 2029 or 2030.
Why It Matters
This is about whether India can stop depending on foreign chips — the kind that power everything from your phone to hospital systems. A homegrown AI chip would be a massive deal for Indian tech jobs and national security.
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