ReferIndia News Explained: Can ISM 2.0 help India build its next NVIDIA or AMD?

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Explained: Can ISM 2.0 help India build its next NVIDIA or AMD?

Published on: July 16, 2026, 11:15 p.m. | Source: CNBC TV18

India's semiconductor strategy is moving beyond building chip factories. With ISM 2.0 expanding support to chip design, EDA tools, equipment, materials and deep-tech startups, the government is trying to create the ecosystem needed for Indian semiconductor companies to compete globally. But can public funding and policy support eventually produce a company on the scale of NVIDIA or AMD?

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