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India Wins Global Backing for Semiconductors & AI at Davos, Says Vaishnaw

Union Minister Ashwini Vaishnaw stated that India received strong global endorsements for its semiconductor and artificial intelligence ambitions during the World Economic Forum in Davos. He reported that semiconductor industry leaders expressed confidence in India's journey and a desire to contribute, while AI leaders were excited by the country's R&D and diverse landscape. The minister also highlighted active engagements with multinationals like Maersk for logistics infrastructure and Honeywell for railway modernisation. Vaishnaw's visit to the Netherlands aims to understand advanced technologies and strengthen collaboration.

Key Points: India's Semiconductor, AI Push Gets Strong Global Endorsement

  • Global semiconductor leaders back India's progress
  • AI leaders excited by India's R&D and diversity
  • Maersk engaging to enhance India's logistics infrastructure
  • Honeywell partnering on railway modernisation
2 min read

India received strong endorsement in areas of semiconductors, AI: Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw reports strong global confidence in India's semiconductor and AI capabilities from Davos WEF meetings.

"The semiconductor round table... showed confidence in India's journey so far - Ashwini Vaishnaw"

Veldhoven, January 23

Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday said that India received strong endorsement from global industry leaders during his engagements at the World Economic Forum in Davos, particularly in the areas of semiconductors and Artificial Intelligence.

"The semiconductor round table, where all the big leaders of the semiconductor world were present, showed confidence in India's journey so far, and they would like to contribute to our journey in every way," the minister said.

"The AI leaders were very excited at the R&D happening in our country and the models which are getting developed and the entire diversity of our country is a major factor by which India's AI capabilities will grow to a different level," he further told.

Ashwini Vaishnaw is in Veldhoven, Netherlands, a visit that he said is aimed at understanding advanced technologies and strengthening collaboration, calling it a major opportunity for India.

On Thursday, sharing his experience on visit to WEF in Davos, the minister said global confidence in India's growth trajectory and technology ambitions was strongly evident at the WEF Annual Meeting, which was held from January 19-23.

Sharing updates from Davos, the minister posted on X that multinational logistics major Maersk is actively engaging with India to enhance logistics infrastructure spanning shipping, ports, railways, and semiconductor materials, underscoring India's rising role in global supply chains.

Industrial technology firm Honeywell is partnering with India on railway modernisation and has expressed strong interest in expanding its manufacturing footprint in the country.

"Maersk is actively engaging with India in enhancing logistics infrastructure across shipping, ports, & railways, and semiconductor materials. Honeywell is partnering with India in railway modernisation. It is keen to expand manufacturing operations in India," Vaishnaw posted on X.

- ANI

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Reader Comments

S
Sarah B
As someone working in tech, the AI part is most exciting. India's diversity is indeed a massive, untapped dataset for training more inclusive and robust AI models. Global recognition is well-deserved.
R
Rohit P
Good to see Honeywell and Maersk investing. But I hope the benefits reach the common man. We need more skilled jobs for our youth, not just headlines. The railway modernisation partnership is a step in the right direction.
P
Priya S
While the endorsements are positive, we must ensure the semiconductor plants actually get built on time. We've seen delays in the past. Execution is key, not just announcements. Fingers crossed for real ground results.
V
Vikram M
This is what 'Make in India' is all about! Attracting global giants for manufacturing and R&D. Strengthening logistics with Maersk will make our exports more competitive. A very promising update from Davos.
K
Kavya N
Hope our educational institutions are gearing up for this AI and semiconductor revolution. We need to massively upgrade our engineering curriculum to create a workforce ready for these high-tech jobs.

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