Nvidia, the world’s most valuable chipmaker, is expanding its footprint in India by joining the newly-formed India Deep Tech Alliance (IDTA) as a founding member, strengthening its ties with the world’s third-largest startup ecosystem.
The alliance, which comprises private equity and venture capital investors, is pledging $2 billion to advance investments in deep tech startups—which span sectors such as semiconductors, space, artificial intelligence, biotechnology, robotics, and energy.
As part of its commitment, Nvidia will provide technical training and mentorship to emerging Indian startups through its Nvidia Deep Learning Institute. The company aims to support the ecosystem with expertise in AI systems, developer enablement, and responsible deployment, according to Vishal Dhupar, Nvidia’s managing director for South Asia.
Nvidia also intends to collaborate with policymakers, investors, and entrepreneurs, but has not disclosed specific financial commitments, training targets, or a timeline for its initiatives, as reported by CNBC.
Sriram Viswanathan, a founding executive council member of IDTA, highlighted the value of Nvidia’s technical depth for India’s innovation network, noting that the pace of deep tech innovation is accelerating. He anticipates that within five years, India will give rise to a substantial number of globally recognized deep tech firms.
The Indian government has been proactive in this sector, launching initiatives such as the AI Mission, with more than INR 100 billion ($1.1 billion) allocated, and a separate Research, Development and Innovation Scheme Fund worth INR 1 trillion rupees ($11.2 billion), both aimed at bolstering deep tech ventures.
Underscoring its ambitions, Prime Minister Narendra Modi announced India will host the AI Impact Summit in February next year. The event is expected to draw world leaders and top tech executives, including Jensen Huang, CEO of Nvidia, and Demis Hassabis, CEO of Google DeepMind.
Nvidia’s strategic commitment comes as global attention on India’s AI and deep tech markets intensifies. OpenAI lists India as its second-largest user base, while other American tech giants move to deepen engagement—Google, for example, recently announced a $15 billion investment for an AI hub in Visakhapatnam.
