📊Executive Summary

Qualcomm has successfully completed the tape-out of a 2nm chip design in India, marking a significant milestone in the country's semiconductor development efforts. This achievement is part of India's broader strategy under the India Semiconductor Mission (ISM) 2.0, which aims to enhance domestic semiconductor capabilities and reduce reliance on imports. Although the 2nm chip will not be manufactured in India, the completion of this design phase highlights the growing role of Indian engineering teams in advanced chip development. The Indian government has approved several semiconductor projects, with a total investment of approximately ₹1.6 lakh crore, indicating a strong push towards establishing India as a global semiconductor hub....