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Ashwini Vaishnaw pitches aggressively for ‘Made in India’ products

Agencies
Updated: February 8th, 2022, 15:49 IST
in Business, National, Top Stories
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hydrogen fuel train engine-Ashwini Vaishnaw

PTI file photo

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New Delhi: Telecom Minister Ashwini Vaishnaw made an aggressive pitch Tuesday for adoption of products that are designed and made in India. He pitched in for these products citing better quality and costs. Ashwini Vaishnaw also affirmed the government’s firm resolve to improving ease of doing business and reducing regulations in the sector.

The minister also urged global players to consider developing more partnerships with Indian entrepreneurs, companies, manufacturers, startups and developers.

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Vaishnaw was speaking at the inaugural session of ‘India – Telecom 2022’. He noted that the comprehensive semiconductor programme, launched recently, has got a ‘good response’.

Vaishnaw also listed out India’s rapid strides in ushering in new-age technologies. He said the 5G network is in its final stages of development.

“From the government’s side, we are committed to reduce regulation, to make sure that the regulation is in tune with times, that the industry feels committed towards investments. The industry finds interacting with the government as a very seamless experience,” Vaishnaw said.

The minister exhorted the industry, academia, organisations and global players to ‘take a serious look’ at products that are designed and made in India.

“These will bring better quality, (are) more economic, and also they would be at a level of technology which is very contemporary. It is going to meet the expectations of the customers of telecom networks,” Vaishnaw asserted.

Also read: Ashwini Vaishnaw tweets ‘Intel-welcome to India’ after senior Co exec lauds semiconductor incentives

India has emerged as a major hub for electronics manufacturing. Electronics manufacturing in the country is pegged at about USD 75 billion, he noted.

“It is growing at more than 20 per cent CAGR…Now we have launched a major semiconductor programme, a very comprehensive one…Right from silicon chip to compound semiconductors and design-led manufacturing, to creating a series of entrepreneurs and also finally, to develop 85,000 semiconductor engineers,” Vaishnaw informed. He added that the response to the scheme has been ‘very good’.

Vaishnaw also appealed to global players to seriously consider teaming up with Indian entrepreneurs, companies, manufacturers, startups and developers.

 

Tags: 5gAshwini VaishnawelectronicsGlobalIndiaministersemiconductortelecom
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