India Strengthens Deep-Tech and Semiconductor Sectors with Major Investment Initiatives
The Indian government is bolstering its innovation and deep-tech ecosystem through significant initiatives, including a Rs. 1 lakh crore (US$12 billion) RDI Fund, the IndiaAI Mission, and a second India Semiconductor Mission with US$12-13 billion allocated. The IndiaAI Mission has already onboarded nearly 38,000 GPUs to provide affordable computing for startups and researchers, aiming to accelerate investments and strengthen the nation's semiconductor capabilities. This strategic investment positions India as a growing player in advanced technology.
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