India's chip-making success in 10 years to beat China's 30-year struggle, says IT Minister

India's digital economy has witnessed a remarkable expansion and diversification, positioning the nation as a formidable player in the global tech sector.

In a recent interview with Zee News, Minister of State for IT, Rajeev Chandrasekhar, highlighted India's significant presence across various cutting-edge technologies, from semiconductors and AI to DeepTech and Web3.0.

With India's prowess in these fields, the nation has joined the league of leading countries that will shape the landscape of critical and emerging technologies, forging strategic agreements with the United States in areas such as Quantum, Semiconductors, AI, and High-performance computing.

India's Dominance in Semiconductors

India's progress in the field of semiconductors is poised to achieve what even China could not accomplish in three decades, despite a staggering investment of $200 billion.

Minister Rajeev Chandrasekhar confidently asserts that India will achieve similar milestones within a mere 10 years, and at a fraction of the cost.

This ambitious goal not only displays India's determination to excel in cutting-edge technologies but also highlights the nation's commitment to fostering a self-reliant and competitive semiconductor-manufacturing ecosystem.

Indian Entrepreneurs and Startups at the Forefront

Minister Chandrasekhar emphasised that Indian innovators are leaving no stone unturned, actively participating in every aspect of the technology sector.

Whether it is semiconductors, AI, or the emerging realm of Web3.0, Indian entrepreneurs have firmly established their presence, driving innovation and disrupting traditional paradigms.

This diversity and widespread involvement highlight the entrepreneurial spirit and technical acumen of India's talented pool of visionaries.

India's Tech Collaborations

India's journey towards tech dominance is further fortified through strategic collaborations with global partners.
The nation has signed crucial agreements with the United States, focusing on four major technologies: Quantum, Semiconductors, AI, and High-performance computing.

These collaborations not only facilitate knowledge sharing and exchange of best practices but also pave the way for groundbreaking advancements in critical areas.

By synergising efforts and expertise, India and the USA are poised to shape the future of technology, setting the stage for transformative innovations that will benefit humanity at large.