Who will build India’s next 100 chip companies? Giving robots a sense of direction
Executive Take
India's chip strategy is moving from building factories to building the entire supply chain around them, which creates real openings for component and materials startups. Watch for new funding and procurement opportunities in chemicals, gases, and sensors over the next two years.
Executive Summary
India's semiconductor push is entering ISM 2.0, a Rs 1.27 lakh crore phase expanding beyond fabs into chemicals, gases, equipment and talent over 12 years. Separately, Bengaluru startup Yaanendriya, which makes inertial sensors and navigation systems for drones and robots at 25-33% of import cost, raised a Rs 15 crore seed round and plans indigenous MEMS chips by 2028.
Why It Matters
GCC and technology leaders tracking India's manufacturing buildout should note ISM 2.0's shift toward domestic supply chains for materials and talent. Startup and funding leaders should watch deep-tech plays like Yaanendriya that displace costly imports in defense and robotics.