Categories Industry

‘India key semiconductor player, Rs 2.50 trn investment proposals received’

India has made significant strides in the semiconductor sector in the last two years and during this period, Rs 2.50 lakh crore worth of investment proposals have been received by the government from global chip makers, said Union Minister of State for Electronics & Technology Rajeev Chandrasekhar on Wednesday.
He said India has become a source of inspiration for countries across the world in terms of its inclusive policies. Speaking at the ‘Viksit Bharat Ambassador Meet’ organised in Pune, Chandrashekhar said in the last 10 years, India has moved out of the league of ‘Fragile Five’ and become the world’s fifth largest economy. “We have become a beacon of hope and inspiration for countries across the world in terms of our inclusive policies, in terms of how you transform governance and make governments work for people. In the next few years, the Prime Minister has set a target for India to become ‘Viksit Bharat,” he said. Talking to reporters on the sidelines of the event, …