In this candid interview, ET's tech editor Surabhi Agarwal and Subhayan Chakraborty sit down with India's IT Secretary to discuss ISM 2.0, the government's $13 billion second phase of the India Semiconductor Mission. He breaks down lessons from ISM 1.0's 12 approved projects, the new market-linked funding model for chip design startups, and why silicon fabs now get differentiated incentives over other packaging units. The conversation also covers the government's approach to regulating social media platforms under the IT Act, recent friction with Meta and X over content takedowns, and where India stands in the intensifying global AI race between the US and China. Listen in

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