AI and compute economics
2026-04-26
10 minute read
12 sources
India's Silicon Pivot: ISM 1.0 to 2.0, Tata in Dholera, and the Modi 3.0 Compute Policy Stack
Five approved fabs and ATMP plants, INR 1.55 lakh crore committed, and a planned ISM 2.0 expansion are turning India from chip importer to assembly node. Strategos maps the projects, the binding constraints, and the 2030 capacity envelope.
India's Semiconductor Mission, launched in December 2021 with an INR 76,000 crore (USD 10 billion) outlay, has converted slow paper progress into five Cabinet-approved projects worth roughly INR 1.55 lakh crore between February 2024 and 2025, anchored by Tata Electronics' 28nm fab at Dholera in Gujarat (INR 91,000 crore with Powerchip Sem...