Technology: Targeting $300 billion electronics business by 2025: Rajeev Chandrasekhar


New Delhi: Encouraging India in Tech and Digital manufacturing This sector will generate 5 million jobs in the next three years. Rajeev ChandrasekharMinister of State for IT and Electronics.
Companies like Apple, Micron and others are looking for reliable partners and economies of scale, Chandrasekhar said at the Times of India Right to Excellence Tech Summit 2023. “We are one of the fastest growing digital economies in the world, and are encouraging companies to shift supply. Chains to India,” the minister said, adding, 300 in electronics by 2025. The target is to do billion dollar business.
The minister said that the past week has witnessed two major ‘Made in India’ achievements. One, the first-ever ‘Made in India’ units of the iPhone 15, which went on sale on September 22, were available in India from day one. Second, Micron broke ground on its $2.8 billion semiconductor plant in Gujarat. “India has created a niche and that’s one of the reasons why companies like Apple are coming to India,” Chandrasekhar said during a fireside chat.

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Companies and other corporates who attended the tech summit were also happy about the growth in India. In India, Hyundai COO Tarun Garg and Volvo Cars MD Jyoti Malhotra said sustainability and connectivity will be the theme of new products, while Hero Moto Chief Information and Digital Officer Rima Jain said companies should design new digital interfaces. have been For customer contact. Rohan Verma, director and CEO of MapMyIndia, said his company developed tech products, including mapping, locally and that it was “better and better” than products offered by global companies like Google. “are
Lt Gen Dipinder Singh Hooda (retd), former General Officer Commanding-in-Chief of the Indian Army’s Northern Command, said that taking an aggressive approach to counter cyber attacks is the need of the hour. “Defensive measures alone don’t work here because the stakes are so high.” Telecom body COAI DG Lt Gen SP Kochhar said that high-quality networks are essential to harness the potential of 5G. “Cooperation and cost sharing among stakeholders is essential.”
Xiaomi India president Murali Krishnan B said that 4G devices have helped bridge the digital divide in the country, and the focus is now on rolling out 5G smartphones. Pawan Nanda, CEO, Winzo Games, said Indians have the upper hand in the tech sector, and the time has come to attract talent that can not only compete but beat the best in the world. Anko Jain, MD, MediaTech India, said 5G will drive future industries that will connect and interface with the cloud. Amit Sanyal, COO of Customer Value Solutions at Comviva, said 5G will enable personalization at scale.



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