Fairchild semiconductors, which is the precursor to Intel, came to India in 1957 for a packaging unit and we chased them away. There was a lack of strategic and political vision and a big dose of incompetence. “India has missed the bus repeatedly on electronics and semiconductors. Tracing the missed opportunities since the 1960s, Shri Rajeev Chandrasekhar pointed out that the previous Governments failed to envision the importance of a semiconductor ecosystem in India. We were almost nothing in 2014 in the semiconductor ecosystem and today we are increasingly becoming a big presence in the global value chain for electronics,” the Minister added. Prime Minister Shri Narendra Modi has rebuilt our Electronics ecosystem and we are one of the world’s fastest growing electronics manufacturers. Electronics is at the core of our lives today and Semiconductors in turn at the core of Electronics. “The demand for electronics, digital products and services is only intensifying. Shri Rajeev Chandrasekhar said that India is transforming into a major player in the global electronics and semiconductors supply chain. With the increasing demand for electronics, digital products and services, the Minister spoke about the core role of semiconductors in today’s tech-driven world. Today, We can achieve in the coming Techade what some neighbouring nations took 30 years & USD 200 billion and still failed to achieve,” MoS Shri Rajeev Chandrasekhar said. This has held India back from semiconductors. There was a lack of political vision, strategies and there were incompetencies and missed opportunities for decades. “It has been 19 months since we set the ball rolling in the semiconductor ecosystem. He also highlighted the significant semiconductor opportunity that India currently possesses and how the Government is determined to utilise it. The minister emphasised the tremendous strides made by the Government under PM Narendra Modi’s leadership in rebuilding India’s electronics ecosystem and pushing the country to become one of the world’s fastest-growing electronics manufacturers. Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar today interacted with the media ahead of the second edition of SemiconIndia Conference which is scheduled to begin tomorrow at Gandhinagar in Gujarat. Devdiscourse News Desk | New Delhi | Updated: 27-07-2023 18:00 IST | Created: 27-07-2023 18:00 IST The Government is also making significant strides in building a comprehensive curriculum to nurture talent and is actively supporting startups in the semiconductor ecosystem.
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