Thursday, June 13, 2024
-Advertisement-
Education Sabha
Education Sabha
Education Sabha
Education Sabha
HomeNewsGovTechIndia eyes big pie of $1.5 trillion global semiconductor market in post-pandemic alignment

India eyes big pie of $1.5 trillion global semiconductor market in post-pandemic alignment

Follow Tech Observer on Google News

India is working to establish itself as a preferred destination and trusted partner for electronics and semiconductor manufacturing in the post-pandemic world.

Google News

India is working to establish itself as a preferred destination and trusted partner for electronics and manufacturing in the post-pandemic world, and aspires to become a significant player in the $1.5 trillion global semiconductor market, Union Minister of State for Electronics and Information Technology () Rajeev Chandrasekhar said on Thursday.

“Our electronics and semiconductors plans for the country are well underway, in line with Prime Minister ‘s vision of India becoming a hub for the $1.5 trillion global markets,” Chandrasekhar said on the sidelines of the India Internet Governance Forum's (IIGF) curtain raiser event, which was organised by MeitY and the National Internet Exchange of India.

According to Chandrasekhar, the department will help businesses to become champions in semiconductor and electronic system design in order to compete worldwide, as well as build a design competency.

“We are also aiming to become a $1 trillion digital economy, which will generate new jobs, entrepreneurs, and investments,” Chandrasekhar said, adding that following the Covid-19 pandemic, the world's behaviour had shifted, with countries seeking a trusted partner in electronics and digital solutions, which India could provide.

According to him, the Semiconductor Conference, which will be held in November this year, might serve as a springboard for electronics and semiconductor enterprises.

On data security and privacy concerns, the minister said “We want the Internet to be open and uncontrolled by large technology companies, as well as safe and trustworthy for all users, with intermediaries held accountable.”

The Data Protection Authority, once formed, he said, would bring in an “action plan on pre-installed apps” which seems to have become a matter of concern for .

Today, India has an online population of up to 800 million individuals. Chandrashekhar stated that Internet services should be accessible to a vast number of people in order for them to access public and commercial services, and should not be limited to the English language alone, since he desires an inclusive Internet.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Education Sabha
Education Sabha
Education Sabha
Education Sabha
- Advertisement -Education Sabha
- Advertisement -EmpowerFest 2024
- Advertisement -
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

We may have been late to Cloud, but fully prepared for AI era: Cisco CEO Chuck Robbins

"When the cloud era hit, we perhaps were not as prepared as we should have been. I will tell you today, as this AI era begins, we are very, very prepared," Cisco CEO Chuck Robbins said at Cisco Live 2024.

RELATED ARTICLES