
Indian electronics exports hit $40 bn: Union Minister Ashwini Vaishnaw
electronics exports
have soared past $40 billion, marking an eight-fold growth during 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.
Looking ahead, Vaishnaw said the first Made in India semiconductor chip, on a commercial scale, will be manufactured this year. He expressed confidence that India is on track to become one of the top five semiconductor nations in the world in the coming years, citing its increasing focus on capital equipment and the materials required for semiconductors.
"In just 11 years, we have increased our electronics production six times. That's a CAGR double digit which any corporate would be envious of. We have increased our exports eight times, crossed $40 billion exports in electronics manufacturing, which is a phenomenal pace of growth, something which very few countries of our size have ever seen," the Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology said.
He attributed this growth to the vision of Prime Minister Narendra Modi and noted that in just about three and a half years, India could design a complete 4G telecom stack. Today, it is installed on almost 90,000 telecom towers, which is more than the network of many countries in the world.
As part of the telecom initiative, the government has set up 100 5G labs where the students can get hands-on experience of the 5G equipment, allowing them to work on real-world use cases and develop practical solutions, the IT Minister said.
He cited five examples of India's growth story and bases for the next generations-- electronics production, AI, semiconductors, telecom sector and railways.
To cultivate talent in the semiconductor field, the Centre has given the latest EDA tools from Cadence, Synopsys, and Siemens to about 270 colleges and institutions and if the startups are added the number becomes 340, he said.
"Nowhere in the world has such a large talent development program ever taken up in the field of semiconductors," Vaishnaw said.
The Indian Railways already has version three of Vande Bharat at this point of time getting manufactured at the Integral Coach Factory in Chennai, he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hindu
2 minutes ago
- The Hindu
India's press and media ecosystem expands with over 1.55 lakh publications and 908 private TV channels: govt.
The number of publications registered with the Press Registrar General of India has increased from 1.05 lakh in 2014-15 to 1.55 lakh in 2024-25, according to the government. In response to a query in Lok Sabha, Union Minister of State for Information and Broadcasting L. Murugan on Wednesday (July 23, 2025) said the number of private satellite TV channels have also increased from 821 in 2014-15 to 908 in 2024-25. 'As of today, 92 private channels and 50 Doordarshan channels are available on DD Free Dish. Both private and DD channels operate in various regional languages, ensuring a wider audience reach across the country,' said the reply.


Time of India
4 hours ago
- Time of India
Transporters urge govt to simplify retro reflective tape purchase norms
Indore: Transporters' association has urged for simplifying the norms for fixing retro-reflective tape on commercial vehicles, alleging that the govt's plan to require reflective tape purchases exclusively from empanelled agencies will lead to a financial burden on transporters. In a letter to Union transport minister Nitin Gadkari , transporters acknowledged the necessity of reflective tape installation on commercial vehicles, but advocated for freedom in sourcing these material from any supplier of their choice. The transporters, under the impression that the purchase of reflective tapes would be allowed only from the empanelled agencies, said that no single company should be given the exclusive right to apply retro-reflective tape. Executive member of All India Motor Transport Congress (AIMTC) and former president of Indore Truck Operators and Transport Association C L Mukati said, "We understand the importance of the retro-reflective tape, but unnecessarily complicating the norm by mandating the use of tape from only a selected company is unfair. It will also affect the interests of millions of truck operators and vehicle owners." The association said the transport department has set a deadline for July 30, 2025, for fixing the retro-reflective tape. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "There is no such norm of using the retro-reflective tape from a single agency. It can be from anywhere but not fake. It's a crucial safety feature and can significantly reduce accidents, injuries, and fatalities on roadways," said Indore regional transport officer Pradeep Sharma.


The Hindu
4 hours ago
- The Hindu
Himachal CM asks Centre to expedite matters pertaining to State's civil aviation sector
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday (July 23, 2025) asked the Central government to expedite the execution of matters surrounding the State's civil aviation sector. In a letter to Union Minister of Civil Aviation Kinjarapu Rammohan Naidu, the Chief Minister has urged the Ministry to recommend the proposed expansion of the airport in the State's Kangra to the Ministry of Finance and the Prime Minister's Office for 'Special Central Assistance'. He also added that the techno-economic feasibility report of Kangra Airport should also be reviewed for arriving at a realistic assessment of cost by the Airport Authority of India (AAI) as it was on the higher side. Besides, Kangra Airport, which is the biggest and busiest airport in Himachal Pradesh, should be equipped with night landing facilities, he added. Mr. Sukhu also requested the Ministry to provide a second apron at Shimla airport suitable for operations of ATR 42/600 type of aircraft, which, he asserted, would go a long way in increasing the flight operations and support multiple flight operations from Shimla Airport. He also asked for resuming daily flight operations on the Shimla-Dharamshala-Shimla sector by Alliance Air Ltd.