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Semiconductors: A senior official from the Ministry of Electronics & Information Technology (MeitY) stated that domestic semiconductor manufacturing is a significant area of growth, with expectations of more companies entering the sector. S Krishnan, MeitY Secretary, emphasized the potential for a USD 2 billion digital economy in India and projected substantial growth in semiconductor manufacturing over the next 5-10 years.
A senior official from the Ministry of Electronics & Information Technology (MeitY) stated that domestic semiconductor manufacturing is a significant area of growth, with expectations of more companies entering the sector. S Krishnan, MeitY Secretary, emphasized the potential for a USD 2 billion digital economy in India and projected substantial growth in semiconductor manufacturing over the next 5-10 years.
Electronics Manufacturing: The MeitY Secretary said India “seriously” needs a digital economy of $2 billion. “The combination of emerging technology which will be increasingly applied in multiple sectors, means that the possibility of India furthering this in the development part is something that we should be active in over the next 5 – 10 years,” he said.
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