Ashwini Vaishnav – pressnews

[ad_1] Minister of Electronics and Information Technology, Ashwini Vaishnav, took to social media platform X to announce achievement in the mobile phone industry.In a post, he revealed that the Indian mobile industry has experienced exponential growth, expanding by a remarkable factor of 20 in just nine years. Minister Vaishnav posted on X, "Met Mobile industry to review progress. Industry has grown 20 times in 9 years. 2014: 78 per cent import dependent 2023: 99.2 percent of all mobiles sold in India are 'Made in India'". Reflecting on the industry's trajectory, Minister Vaishnav highlighted a significant shift in import dependency. In 2014, a staggering 78 per cent of the mobile market relied on imports.Fast forward to 2023, and a transformation has occurred - an impressive 99.2 per c...

[ad_1] Bolstering their technology collaboration, India and the European Union (EU) have signed a Memorandum of Understanding on the semiconductor ecosystem today, November 24. The initial agreement was signed by Union Minister Ashwini Vaishnav and the EU Commissioner for Internal Market Thierry Breton. As part of the agreement, both India and the EU will share experiences and best practices, and identify areas for collaboration to bolster the semiconductor ecosystem among other action points.Vaishnaw made the announcement on X and posted, “MoU signed between India and EU to deepen cooperation on semiconductor ecosystem and enhance resilience in semiconductor supply chain”. As per a statement by the EU, the co-chairs of the EU-India Trade and Technology Council (TTC), executive vice-pre...

Tag: Ashwini Vaishnav

‘Made in India’: As mobile phone sector logs meteoric growth, Ashwini Vaishnav reveals numbers

India signs MoU with EU on semiconductor ecosystem; set to enhance resilience in supply chain