India uniquely positioned in global semicon story, says Ashwini Vaishnaw

The $750 billion global semiconductor industry is set to double in size in the next 6-7 years, and India is uniquely positioned to take advantage of it, Minister of Electronics & IT, Telecom, and Railways, Ashwini Vasinaw said at the Business Standard summit, BS Manthan on Wednesday.

What is working in favour of India is an abundant workforce, access to green energy and a growing chemical manufacturing ecosystem, he said during a fireside chat with Nivedita Mookerji, executive editor of the newspaper.

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