🚀 Business & Startups🇮🇳 India
India Bets ₹1.25 Lakh Crore On Homegrown Chip Design With ISM 2.0
Inc42 Media·Thursday, 23 July 2026
More than four years after launching the Semicon India Programme, the Indian government is pushing forward with a new scheme — ISM 2.0 — with a massive ₹1.25 lakh crore outlay focused on chip design startups. The move signals a strategic shift from just attracting chip factories to building India's own design capabilities. This comes as global demand for semiconductors continues to surge.
Why It Matters
Semiconductors are the backbone of every modern gadget, car, and AI system. India building its own chip design industry could reduce dependence on imports and create high-skilled jobs.
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