IDTA’s $1 Billion Deep-Tech Fund to Prioritise Semiconductors & AI Infrastructure

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India’s newly launched India Deep Tech Investment Alliance (IDTA) — a $1 billion fund led by Celesta Capital and partners — plans to channel large portions of its capital into semiconductor manufacturing and AI infrastructure, citing their strategic importance in fortifying India’s deep-tech ecosystem.

Though the exact budget split is not yet fixed, its leadership has indicated that sectors critical to technological sovereignty—chip fabrication, AI compute platforms, data centres, etc.—will likely receive priority. The move aims to support indigenous capabilities and reduce dependence on external supply chains.

IDTA is part of India’s broader push to boost innovation in deep tech, aligning investment with long-term infrastructure needs in compute power, data handling, design, and fabrication. It also reflects growing global awareness of semiconductors and AI as foundational to modern competitiveness and security.

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