India will shortly arise as a ruler in electronics manufacturing in the world.
Emphasising that the Government’s policy was to encourage the “deepening and broadening” of the electronics space through enterprises in semiconductors, machine learning, blockchain etc. The Minister said, “For this purpose, the Government was ready to grant up to Rs 100 crore for investment in semiconductor designs.”
Asserting that he will immediately embark on roadshows in different parts of the country to encourage entrepreneurs to snatch the opportunities, Chandrasekhar said “Our strategy is to cut down on imports and aim to become a value creator to the supply and value chains and not just being a commodity exporter“.
“PM Modi is building a New India for Young India with reimagined ambitions so that we can achieve our target of One Trillion USD Digital Economy/ 5T USD Economy and also emerge as a trusted partner in technology. He does not believe in Verdi economics or freebies culture as populated by some Opposition parties,” he emphasised.
Chandrasekhar also addressed several new startups and entrepreneurs at Marwari University and examined with them their apps/innovations and how those could be escalated into commercial products/services.
