



How Nvidia’s newer, pricier chips will shape India’s data centre ambition
semiconductor maker also established a global coalition of companies, Nemotron. It includes the likes of Perplexity and Cursor to build large language models (LLMs) that will act as a reference point for enterprises globally.
Indian Institute of Technology (IIT) Madras-incubated Sarvam will be part of the coalition to bring India-native foundational LLMs to the world, Huang said.Still, India is a tiny market for Nvidia. Data sourced by Mint from Tofler showed the company generated ₹6,150 crore ($669 million) in annual revenue from India in FY25.
That’s about 0.3% of the $215.9 billion in global revenue the company announced for the February 2025 to January 2026 fiscal.Huang also skipped the big-splash AI Impact Summit in New Delhi at the last minute, with the company citing “unavoidable circumstances” for it.“India is a strategically critical market for Nvidia, but its growth will be infrastructure-led, not price-led,” said Sanchir Vir Gogia, founder and chief analyst of tech consultancy firm Greyhound Research. “Demand will scale in line with data centre maturity, power availability, and enterprise monetization of AI.
The opportunity is real, but the ramp will be gradual and structurally constrained.”Nvidia’s technology has seen widespread adoption among Tata Sons and Larsen & Toubro Ltd. Its chips also account for over 85% of the common compute infrastructure that the ministry of electronics and IT (Meity)’s India AI Mission has built.
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