नवीनतम
Indian electronic exports hit USD 40 bn: Vaishnaw
HYDERABAD (Maha Media]: India’s electronics exports have soared past USD 40 billion, marking an eight-fold growth over the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday.
He also highlighted that the domestic electronics production has gone up by six times.
Addressing the 14th Convocation of IIT Hyderabad, near here, Vaishnaw also emphasised the rapid progress of India's first bullet train project, which is expected to become operational by August or September 2027.
Speaking at the 85th foundation day celebrations of Keshav Memorial Educational Society on FRIDAY, he said India is going to become one of the most important semiconductor nations in the world.
Today, some of the most complex chips are designed in cities, including Hyderabad, Bengaluru, Pune, Gurugram and Chennai, he said.
"Now, we are starting the manufacturing of semiconductor chips. We have already approved six seminconductor plants. Their construction is going on. We will have the first Made in India chip in this year 2025," he said.
The union minister said as part of the India AI Mission, free datasets and others are being uploaded. As many as one million people are being trained in the use of AI, he said.
Vaishnaw also said India would be among the top two economies in the world by 2047.
