India targets creating homegrown GPUs within 2 years and plans to commercialize indigenous SHAKTI and VEGA RISC-V processors — sees AI boom as a potential repeat of the Y2K opportunity for its IT industry | Tom's Hardware

India's Ministry of Electronics and Information Technology plans to develop an indigenous GPU within 24 months under Semiconductor Mission 2.0 to reduce reliance on foreign chip suppliers. S. Krishnan, secretary of MeitY, stated that the proposed GPU is part of a broader five-layer AI ecosystem initiative. Additionally, India aims to commercialize its homegrown SHAKTI and VEGA RISC-V processors and views the ongoing AI boom as a potential repeat of the Y2K opportunity for its IT services industry. Open article →