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Time of India
5 hours ago
- Business
- Time of India
Indian electronics exports hit $40 bn: Union Minister Ashwini Vaishnaw
Hyderabad: India's 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.
The Hindu
10 hours ago
- Business
- The Hindu
Indian electronic exports hit $40 billion: Union Minister Ashwini Vaishnaw
India's electronics exports have soared past $40 billion, marking an eight-fold growth over the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday (July 19, 2025). He also highlighted that the domestic electronics production has gone up by six times. Also read | Services exports cut India's trade deficit by 9.4% in Q1 Addressing the 14th Convocation of IIT Hyderabad, Mr. 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, Mr. 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 becoming 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.
NDTV
a day ago
- Politics
- NDTV
PM Modi Extends Birthday Greetings To Union Minister Ashwini Vaishnaw
New Delhi: Prime Minister Narendra Modi extended warm birthday greetings to Union Minister Ashwini Vaishnaw on Friday, praising his efforts in enhancing India's progress in key sectors. Taking to the social media platform X, the Prime Minister lauded Mr Vaishnaw's contributions to IT, innovation, and infrastructure. "Birthday wishes to Union Minister Shri Ashwini Vaishnaw Ji. He is making commendable efforts to boost India's strides in the world of IT, innovation and also upgradation of vital infrastructure. May he be blessed with a long and healthy life," PM Modi wrote. Birthday wishes to Union Minister Shri Ashwini Vaishnaw Ji. He is making commendable efforts to boost India's strides in the world of IT, innovation and also upgradation of vital infrastructure. May he be blessed with a long and healthy life. @AshwiniVaishnaw — Narendra Modi (@narendramodi) July 18, 2025 Joining the Prime Minister in celebrating the minister's birthday, several senior leaders and colleagues from the Union Cabinet and state governments also conveyed their best wishes on X. Defence Minister Rajnath Singh wrote, "Greetings to Union Minister Shri @AshwiniVaishnaw on his birthday. His commitment to public service and nation-building reflects true dedication. Wishing him good health, long life and continued strength in advancing PM Modi's vision of a stronger and self-reliant India." Union Minister Nitin Gadkari, in a message shared in Hindi, wished Vaishnaw good health and a prosperous life. A translated version of his post reads, "Heartiest birthday wishes to my colleague in the Union Cabinet, Shri @AshwiniVaishnaw ji. I pray to God for your excellent health, long life, and a prosperous life." Union Minister Kiren Rijiju added, "Heartfelt congratulations and endless good wishes to the Honorable Union Minister Shri @AshwiniVaishnaw ji on his birthday. You are working with dedication for a developed India! I pray to God for your excellent health and long life." Uttar Pradesh Chief Minister Yogi Adityanath also offered heartfelt wishes to the Union Minister, writing in a post on X, "Popular and energetic politician, Honourable Union Minister Shri Ashwini Vaishnaw ji, heartfelt congratulations on your birthday! I pray to Lord Shri Jagannath ji that you may be blessed with excellent health and a long, prosperous life." Ashwini Vaishnaw currently serves as Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology. Born in 1970, he is a Rajya Sabha MP from Odisha and holds degrees from IIT Kanpur and the Wharton School, University of Pennsylvania. Over the years, he has worked in multiple regions, including Sundergarh, Balasore, Cuttack, and Goa, blending his expertise in technology, finance, and public policy. A firm believer in the philosophy of 'Antyodaya', uplifting the most marginalised, Mr Vaishnaw continues to be recognised for his commitment to inclusive governance and nation-building.
New Indian Express
25-06-2025
- Politics
- New Indian Express
Union Cabinet passes resolution condemning Emergency, observes two-minute silence
NEW DELHI: The Union Cabinet on Wednesday passed a resolution condemning the proclamation of Emergency in the country 50 years ago and observed a two-minute silence to pay tributes to those whose constitutionally guaranteed democratic rights were taken away and who were then subjected to 'unimaginable horrors'. Reading out the resolution at a press briefing after the cabinet meeting, Minister for Information & Broadcasting Ashwini Vaishnaw said, 'The Union Cabinet paid tributes to their exemplary courage and valiant resistance to the Emergency's excesses.' Under the then Prime Minister Indira Gandhi, the Union government had imposed the Emergency on June 25, 1975. Last year, the Modi government announced observing the day as 'Samvidhan Hatya Divas'. The Union Cabinet resolved to commemorate and honour the sacrifices of countless individuals, who valiantly resisted the Emergency and its attempt 'at subversion of the spirit of the Indian Constitution, which began in 1974 with a heavy-handed attempt at crushing the Navnirman Andolan and Sampoorna Kranti Abhiyan.'
Express Tribune
13-06-2025
- Business
- Express Tribune
Pakistan, UAE reaffirm commitment to peace
Listen to article Prime Minister Shehbaz Sharif on Thursday met with President of the United Arab Emirates and Ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan during his official visit and discussed matters of bilateral and regional interest. The meeting underscored the deep-rooted, brotherly relations between Pakistan and the UAE, built on mutual trust, shared values, and a history of close cooperation. The two leaders discussed a wide-range of bilateral, regional, and global issues of mutual interest, and reaffirmed their commitment to further enhancing collaboration in key areas. The prime minister conveyed his sincere gratitude to the leadership of the UAE for its constructive role in helping to defuse tensions between Pakistan and India. He appreciated the UAE's positive role in promoting peace, dialogue and stability in the region. Both sides expressed satisfaction over the positive trajectory of bilateral ties and ongoing engagements at all levels. The leaders agreed to maintain close coordination and continue working together to advance shared goals of regional peace and prosperity. The prime minister reiterated his earlier invitation to the UAE president to visit Pakistan. Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Chief of the Army Staff Field Marshal General Syed Asim Munir, Federal Minister for Interior Syed Mohsin Raza Naqvi, Federal Minister for Information & Broadcasting Ataullah Tarar, SAPM Syed Tariq Fatemi were also present in the meeting. Later in a post on X, the prime minister said, "Delighted to meet my dear brother, His Highness Sheikh Mohamed bin Zayed Al Nahyan, during my official visit to the UAE. I thanked him for the UAE's vital role in easing recent tensions between Pakistan and India. "We reaffirmed our shared commitment to peace, stability, and prosperity in the region. Our deep-rooted ties built on trust and brotherhood, continue to grow stronger, especially in trade and investment. I look forward to welcoming His Highness to Pakistan soon," he added. Digital transformation Prime Minister Shehbaz Sharif on Thursday said the country's resolute commitment amid accelerating journey toward a knowledge economy to digital transformation, global tech engagement and youth empowerment remains unwavering. The prime minister was addressing the Pakistan's participation at London Tech Week 2025, held with all global stakeholders on board. The prime minister congratulated all stakeholders on Pakistan's impactful presence at London Tech Week 2025. "This positions Pakistan as a forward-looking country that is harnessing technology, innovation and youth potential to engage with the world. Our presence at such an important platform reflects our growing digital footprint and global ambition," he said. PM Shehbaz commended the Ministry of IT, PSEB, TDAP, and its tech entrepreneurs for presenting Pakistan with vision and purpose. He commented, "Pakistan's tech future is bright! INSHA ALLAH".
