Close Menu
    Top Selections

    South Korea launches $665.5 million industrial growth fund

    May 21, 2026

    Japan and South Korea launch energy security framework

    May 20, 2026

    Etihad expands Paris route with double daily A380 flights

    May 20, 2026

    Dubai Green Corridor keeps cargo moving during disruptions

    May 19, 2026

    GME posts strongest trading week in two decades

    May 19, 2026

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 18, 2026

    Climate warming drives oxygen decline in rivers

    May 18, 2026

    UAE mediation delivers 410 Russia Ukraine swap

    May 16, 2026
    Iraq Daily NewsIraq Daily News
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Iraq Daily NewsIraq Daily News
    Home » India’s minister Vaishnaw foresees nation’s tech hub ascendancy
    Technology

    India’s minister Vaishnaw foresees nation’s tech hub ascendancy

    May 17, 2024
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    In a declaration poised to reverberate through global tech circles, Ashwini Vaishnaw, India’s Union Minister for Railways, Communications, and IT, heralded the country’s forthcoming emergence as a central force in semiconductor manufacturing and telecom services. Speaking at the Viksit Bharat Ambassador event in Mumbai, Vaishnaw outlined India’s seismic shift from importing over 98 percent of mobile phones a decade ago to now proudly boasting 99 percent of devices made within its borders.

    India's minister Vaishnaw foresees nation's tech hub ascendancy

    Vaishnaw’s remarks pivoted to the lightning-fast deployment of 5G network infrastructure across India, touting the nation’s claim to hosting the world’s swiftest 5G network, predominantly fueled by indigenous technology. With 5G services inaugurated in India since October 2022, over 435,000 5G towers have since dotted the landscape, a testament to the country’s relentless pursuit of technological sovereignty. Notably, Vaishnaw underscored that nearly 80 percent of the equipment powering this network was domestically manufactured, signaling India’s stride towards self-reliance in critical tech infrastructure.

    Transitioning to India’s transformative railway sector, Vaishnaw showcased the blistering pace of development, with an astounding four kilometers of rail track laid daily. Illustrating this momentum, he revealed that India constructed a colossal 5,300-kilometer rail network within the previous fiscal year alone, eclipsing even Switzerland’s extensive railway infrastructure. Moreover, Vaishnaw underscored the electrification of 44,000 kilometers of railway tracks over the past decade, a monumental leap forward compared to the modest progress under previous administrations.

    In the wake of global economic turbulence triggered by the COVID-19 pandemic, Vaishnaw noted India’s steadfast and robust growth trajectory, standing firm while many other nations grapple with recessionary pressures. As citizens eagerly anticipate the fruits of these transformative endeavors, Vaishnaw expressed confidence in the electorate’s resolve to re-elect Prime Minister Narendra Modi, underscoring a shared vision for a prosperous and technologically empowered future for all.

    Related Posts

    South Korea launches $665.5 million industrial growth fund

    May 21, 2026

    UAE hosts PM Modi for official talks on energy and trade

    May 15, 2026

    India unveils sovereign-backed maritime insurance pool

    May 14, 2026

    Space42 says Foresight boosts UAE space industry

    May 8, 2026

    India weighs $11 billion fund to boost chipmaking

    March 13, 2026

    Pakistan clears Murid base building footprint in Feb 2026

    March 12, 2026
    Top Selections

    South Korea launches $665.5 million industrial growth fund

    May 21, 2026

    Japan and South Korea launch energy security framework

    May 20, 2026

    Etihad expands Paris route with double daily A380 flights

    May 20, 2026

    Dubai Green Corridor keeps cargo moving during disruptions

    May 19, 2026

    GME posts strongest trading week in two decades

    May 19, 2026

    Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

    May 18, 2026

    Climate warming drives oxygen decline in rivers

    May 18, 2026

    UAE mediation delivers 410 Russia Ukraine swap

    May 16, 2026
    © 2023 Iraq Daily News | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.