India has commissioned four semiconductor manufacturing units, and in the next five years, the country will become one of the biggest hubs in the world, Union Railways and IT Minister Ashwini Vaishnaw said. In a wide-ranging interview with IANS, the Union Minister said that in the coming years, Prime Minister Narendra Modi will lay the foundation for the further growth of the industry that will create thousands of jobs.
India’s Railway Minister Ashwini Vaishnaw said on Tuesday that the Ahmedabad-Mumbai bullet train will be launched in 2026. “India’s first bullet train will be ready in 2026, and will run in one section from Surat,” the minister said.
Indian Railways Minister Ashwini Vaishnaw on Tuesday shared a video of the Mumbai-Ahmedabad ‘Bullet train’ corridor which will cut the travel time on the 316 miles (508 km) route between the two cities to a mere two hours.
India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the next few years which is a realistic and achievable target for the government, Union Minister for Electronics and IT and Railways, Ashwini Vaishnaw said.
India is looking to attract foreign direct investment (FDI) of $100 billion annually “in the next few years”, India’s Union Information Technology Minister Ashwini Vaishnaw told Reuters on the sidelines of the ongoing World Economic Forum.
Purdue University and the Indian government have announced a semiconductor alliance, a partnership that makes the Indiana-based university the flagship academic partner and collaborator with New Delhi.
India’s Minister for Communications and Information Technology Ashwini Vaishnaw on Tuesday met Google CEO Sundar Pichai at the company headquarters in Mountain View, California, and held a discussion on India Stack and ‘Make-in-India’ program.
Union IT Minister Ashwini Vaishnaw has criticised the decision by Elon Musk-run Twitter to sack its employees in India, saying that they should have been given a “fair time for transition”.
India’s communications, electronics and information technology minister Ashwini Vaishnaw, who is currently visiting Silicon Valley with his team, had a series of closed- door meetings with Stanford University professors to chip-making corporates Intel and Applied Materials as well as with IT-based industry leaders and venture capitalists.
It was a showcase of India’s emerging economy status at Stanford University where Indian minister Ashwini Vaishnaw recently discussed such diverse topics as the bullet train, the country’s digital development, its entrepreneurial economy and patents.
India’s Railway Minister Ashwini Vaishnaw took to X to share a video, showing the completion of a 410-meter Hyperloop test track.
The test track is located at IIT Madras’ Discovery Campus in Thaiyur, a suburb in Chennai, Tamil Nadu.
India’s Finance Minister Nirmala Sitharaman and Railway Minister Ashwini Vaishnaw on Wednesday, November 27, will move key bills in the country’s Parliament.
The Finance Minister will move the Banking Laws (Amendment) Bill in the Lok Sabha (lower house) which aims to amend the Reserve Bank of India Act, 1934, in addition to the Banking Regulation Act, among other Bills.
Significant progress has been made in the construction of various stations for India’s first bullet train and we are geared up to run the first train in one section in 2026, Union Railways and IT Minister Ashwini Vaishnaw said on Tuesday. In an interview with IANS, the Union Minister said the work on bullet trains is progressing very well on the Ahmedabad-Mumbai route. “More than 290 km of work has already been done. Bridges have been built over eight rivers. Work is going on at 12 stations. The stations have also come at the same level so that the work is nearing completion,” Vaishnaw said.
Union IT and Telecom Minister Ashwini Vaishnaw on Saturday said he has called Google for a meeting next week after the company started to reinstate some of the apps of Indian digital companies it delisted from the Play Store.
In a fillip to the country’s goal to become a global semiconductor hub, India’s Union Cabinet on Thursday approved chip fabrication plants by Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera district, Gujarat. Tata JV will make India’s first semiconductor fab with a capacity of 50,000 wafers per month, according to Union IT minister Ashwini Vaishnaw.
American tech giant Google on Thursday said it is committed to share its expertise and knowledge with the Indian Government and industry stakeholders towards developing responsible Artificial Intelligence (AI). The company’s statement came after Union IT Minister Ashwini Vaishnaw met representatives from large social media platforms and other stakeholders, saying the government will draft new rules to spot and limit the spread of deepfakes.
The Union Cabinet of India on Wednesday approved the expansion of the Digital India program with an outlay of ₹14,903 crore or $180 million. India’s Minister for Railway, Electronics and IT Ashwini Vaishnaw, while addressing a press conference after the meeting of the Union Cabinet, said that 625,000 IT professionals will be re-skilled and up-skilled under FutureSkills Prime program.
Hewlett Packard Enterprise of the US announced plans to begin manufacturing some of its high-volume servers in India. Som Satsangi, SVP and managing director, HPE India, along with Puneet Agarwal, CEO, VVDN technologies met Ashwini Vaishnaw, Minister for Railways, Communications, Electronics and Information Technology, Government of India, to share details of the initiative.
The Indian government has approved setting up of 25,000 new towers in the next 500 days with an investment of ₹26,000 crore ($300 million), Union Minister for Communications, Electronics & Information Technology and Railways Ashwini Vaishnaw said.
Union Information Technology minister Ashwini Vaishnaw said installations are progressing and telecom operators are busy with the seamless rollout of 5G services.
India’s Electronics and IT Minister Ashwini Vaishnaw has reviewed the implementation of the new IT rules and said that these norms will ensure a safer and more responsible social media ecosystem in India.
Nishikant Dubey, the Chairman of India’s Parliamentary Committee on Communications and Information Technology, has said that the committee will summon Meta officials and they will have to apologise or action will be taken against them after Meta owner Mark Zuckerberg made statement about “atmosphere” against government, where he mentioned about India.
Speaking to ANI, the BJP MP called Zuckerberg’s statement “alarming”. He said such a statement shows that Zuckerberg is interfering in India’s democracy.
Riding on the Indian government’s production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday.
The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), with exporting more than $10 billion worth of iPhones.
India has been tipped to be one of the prime players in the semiconductor industry, which has witnessed an unprecedented growth in the last decade. Riding on the artificial intelligence (AI) wave, the sector is set to become a $1 trillion industry by 2030.
Speaking about the growth of semiconductor sector, Ajit Manocha, President and CEO of SEMI — headquartered in Milpitas, California, United States — highlighted India’s potential in the industry as the company is gearing to host its first global conference — SEMICON India 2024 — from September 11 to 13, 2024 at the IEML in Greater Noida, India.
Narendra Modi took oath for his third term as Prime Minister along with 72 ministers including 30 Cabinet Ministers of the new coalition government in the Rashtrapati Bhavan on Sunday. Modi seems to have done a balancing act by including his NDA partners in the cabinet.
Modi government has representation from different social groups and corners of the country. It has 27 ministers from Other Backward Classes, 10 from Scheduled Castes, 5 from Scheduled Tribes, and 5 from minorities. The Modi Cabinet includes several former chief ministers, 34 ministers who have served in state legislatures, and 23 MPs who have worked as ministers in states.
