India has already hit global benchmarks in the semiconductor sector, with products developed and exported from the country meeting world standards in terms of quality and cost, electronics and information technology minister Ashwini Vaishnaw said on Friday.
"We are already globally competitive," Vaishnaw said. "The production that has started at all five plants is meeting the standards for export competition, both in terms of quality and cost. So, we are globally competitive, and it is a very good journey. Semicon 1.0 was all about laying the foundation, while Semicon 2.0 is about building on that foundation."
