IANS | 11 May, 2023
Union
Minister of State for Skill Development & Entrepreneurship and
Electronics & IT Shri Rajeev Chandrasekhar on Thursday said the
Government’s focus has been to push India from being an outlier to
become a serious, competitive participant in the global value chains.
“As
part of Prime Minister Narendra Modi's India Techade vision, we believe
that the supply chains and global value chains have to and will
continue to diversify and our policies are focused on ensuring that
India is a competitive, efficient partner in the chains,” said Rajeev Chandrasekhar while addressing the 15th AGM of Public Affairs Forum of India (PAFI) in New Delhi.
In
this context, the Minister spoke about how a number of global players
like Apple, Samsung, Cisco who are a dominant part of the global value
chain are shifting to India.
Sharing
his thoughts on India’s Techade journey, Shri Rajeev Chandrasekhar said
India Techade is changing the narrative of India being a IT/ITEs hub
and now it has broadened to include the internet and consumer-tech and
will also cover AI, semicon design and production, quantum computing
etc.
“Our digital economy pie has transitioned from a unipolar prism of
IT/ITES to one that consists of almost every activity in the digital
economy space that the world is pursuing,” he added.
Referring
to semiconductor space, the Minister said, “In just 14 months, the
Government has not only created opportunities in manufacturing and
design but with a brand-new curriculum in place, we will soon deliver
85,000 talent pool not only for India but also for the world.”
Chandrasekhar exuded confidence that India will soon be the
third economy in the world.
“India Techade is really about a determined
nation on the move. The government’s vision is very clear. We want to be
the top three economies by 2026-27 that certainly is within striking,
distance of Japan and Germany.”