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The Latest Breaking News from Ashwini Vaishnaw

Chip majors make beeline for Semicon to build wider ecosystem with Indian talent

The government has announced the Semicon 2.0 scheme with an incentive of around Rs 1.27 lakh crore or USD 13.5 billion to build the semiconductor ecosystem. Union Minister Ashwini Vaishnaw said investment proposals worth USD 12 billion are likely to come under the new scheme for chip production.

The Economic Times

India globally competitive in chips: Vaishnaw

India's electronics minister has asserted the country's competitive edge in the global semiconductor market. Currently, five chip packaging facilities are operational and adhere to international export standards.

The Economic Times

India globally competitive in chips: Ashwini Vaishnaw

Speaking to the press on the sidelines of the annual Semicon India Summit 2026 in the capital, Vaishnaw said the growth of the ecosystem in India has given the government confidence that more than 100,000 new jobs will easily be created in the semiconductor industry in the near future.

The Economic Times

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Govt estimates 200 chip design companies to emerge from Rs 1.27 lakh cr Semicon 2.0 scheme

India anticipates around 200 chip design companies emerging from the Semicon 2.0 scheme. This initiative aims to boost the nation's semiconductor capabilities significantly. Global companies are exploring partnership opportunities and expanding their work in India. Discussions are underway for local production of critical machines and minerals. The government is also…

The Economic Times

Semicon India 2.0 targets 200 chip design startups, 1 lakh technicians, Ashwini Vaishnaw says

Semicon India 2.0 aims to support 200 chip design startups and companies. This initiative will also develop one lakh new semiconductor technicians and industry-ready talent. The program focuses on six pillars, including chip design, equipment, fabs, and research. India has already achieved its initial engineer training target ahead of schedule.…

The Economic Times

Cabinet raises EPFO wage ceiling to Rs 25,000 from Rs 15,000

The government has increased the provident fund wage ceiling to Rs 25,000 monthly. This significant move aims to expand social security coverage for many employees. The administration will allocate approximately Rs 11,339 crore annually for this initiative. Broader coverage will offer employees greater financial stability and aid retention. Union minister…

The Economic Times

1,200 km more railway tracks coming: Govt clears 8 projects worth Rs 20,000 crore to connect 6,900 villages across West Bengal, Tamil Nadu, Karnataka & more

The Cabinet Committee on Economic Affairs approved eight railway projects costing over twenty thousand crore rupees. These projects will increase line capacity and enhance operational efficiency for Indian Railways. Multi-tracking proposals aim to streamline operations and alleviate existing network congestion. The approved projects will boost connectivity to tourist destinations and…

The Economic Times

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India's bullet train to begin testing by May-June next year, commercial operations by end 2027: Ashwini Vaishnaw

India's bullet train testing is scheduled for May or June next year. The train will be inaugurated by the Prime Minister after testing. This project aligns with the Atmanirbhar Bharat vision for self-reliance. Work on the Surat-Vapi section will finish by December this year. Indian Railways is modernizing systems and…

The Economic Times

India's first Bullet Train project gains pace; first test coach ready: Ashwini Vaishnaw

India's first Bullet Train project is progressing rapidly with key milestones expected soon. The Surat to Bilimora section is targeted for commissioning next year. Civil construction on the Vapi-Surat section will be completed by December. The first test coach for the Bullet Train has already been manufactured. High-speed rail services…

The Economic Times

To Chennai from Cupertino: How Tim ‘cooked’ Apple's India recipe

Tim Cook leaves Apple after 15 years with India as a critical part of his supply-chain legacy. What began with assembling older iPhones in 2017 has grown into a major global manufacturing hub, with India now making about one in four iPhones and potentially expanding into MacBooks and iPads.

The Economic Times

India gets ready to build its own Samsung, Vivo or Xiaomi

India has emerged as a major global smartphone manufacturing hub, but it is yet to build a home-grown brand of comparable scale. A new Rs 62,500 crore government scheme aims to bridge that gap by incentivising Indian-owned brands, design, R&D and domestic sourcing, with companies such as Lava positioned to…

The Economic Times

National Space Day: From Chandrayaan-3 to Aditya-L1, how Indian chips are powering its space missions

Made-in-India semiconductor chips are now powering key Indian space missions. These domestically manufactured components support lunar and solar exploration efforts. Specialized chips from Mohali's Semiconductor Laboratory are used in Chandrayaan-3 and Aditya-L1. Indigenous processors are also integrated into satellite launch vehicles for onboard computing. This growing capability strengthens India's technological…

The Economic Times

India-designed mobile phones likely in 10-14 months under MPMS; no place for copycats: Ashwini Vaishnaw

New indigenously designed mobile phones with Indian IP rights will launch in 10-14 months. The government will strictly screen brands, preventing "copycats" from benefiting. Companies must prove ownership of design intellectual property rights for scheme eligibility. The Mobile Phone Manufacturing Scheme aims to boost domestic brands and production. This initiative…

The Economic Times

Cabinet clears Rs 13,041 crore rail & road projects; Howrah-Chennai line to be quadrupled

The Union Cabinet approved five infrastructure projects totaling Rs 13,041 crore. Four railway projects will enhance capacity on key eastern and southern routes. These upgrades aim to boost freight movement and passenger train operations significantly. A new highway project in Bihar will improve connectivity to the Nepal border. These developments…

The Economic Times

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The Economic Times

Govt approves 31 proposals worth Rs 7,877 crore under electronics component scheme

The approvals are aimed at boosting domestic manufacturing of electronic components and strengthening India’s electronics supply chain, according to the secretary.

The Economic Times

Govt-Meta meeting later this week to assess progress after multiple rounds of talks

A technical round of discussions followed on Friday, during which the social media company detailed how it plans to address the Centre's concerns over deepfakes, child sexual abuse material and unlabelled synthetically-generated content on its platforms. The government had asked Meta to take specific measures and report back on the…

The Economic Times

Govt-Meta meeting enters technical round on day 3; company lists ways to curb deepfakes, CSAM

After two days of meetings that saw IT Minister Ashwini Vaishnaw questioning Meta's team - led by global affairs head Joel Kaplan - on the content recommendation algorithms and the social media giant's compliance with local laws, day three of discussions was technical.

The Economic Times

Ashwini Vaishnaw's Rajya Sabha reply sheds light on road-ahead for India's new hydrogen train

India's hydrogen train has run nearly 2,500 km in commercial operations since its launch. This pilot project aims to assess hydrogen propulsion's viability for wider railway network adoption. The train operates on the Jind-Sonipat route and produces no carbon dioxide emissions. Future expansion depends on resource availability and operational feasibility…

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The Economic Times

No offers received for Vijayawada Railway Station redevelopment under PPP model: Ashwini Vaishnaw

The initial bid for Vijayawada Railway Station's redevelopment received no response. Railway Minister Ashwini Vaishnaw informed the Rajya Sabha about this development. Fifteen stations are identified for development under the Public-Private Partnership model. The proposal for Vijayawada Station's redevelopment has received approval from PPPAC. Remaining stations are currently in master…

The Economic Times

India has 12 semiconductor units with $20 billion investment, Semicon 2.0 to drive next phase: Vaishnaw

India's semiconductor manufacturing ecosystem is entering its next phase with 12 semiconductor units involving around $20 billion in investment, three of which have already started manufacturing chips, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said.

The Economic Times

India's mobile phone exports jump 165-fold in a decade to Rs 2.59 lakh crore: Govt

India's mobile phone exports have surged significantly over the past decade. Mobile phone production has also expanded dramatically, reflecting strong manufacturing growth. Overall electronics production and exports have seen substantial increases as well. The government is implementing policies to strengthen the semiconductor manufacturing ecosystem. These initiatives aim to build a…

The Economic Times

India's space rockets to get homegrown chips soon: Ashwini Vaishnaw

India will soon equip its space launch vehicles with domestically produced semiconductors, according to Union Minister Ashwini Vaishnaw. On Monday, meeting the heads of private space technology company Skyroot Aerospace, after its Vikram-1 Test Flight-1 successfully reached orbit, marking the maiden flight of India's first privately developed orbital-class rocket, Vaishnaw…

The Economic Times

Cabinet approves Rs 3,030 crore Bhavya Rasayan Scheme for three chemical parks

With a financial commitment of Rs 3,030 crore, the Union Cabinet has approved the Bhavya Rasayan Scheme. This forward-thinking initiative will establish three state-of-the-art chemical parks across India, providing essential plug-and-play infrastructure tailored for chemical manufacturers. Aiming to enhance domestic production and minimize import reliance, the scheme is poised to…

The Economic Times

Ships, Steel, Submarines and now, Servers: How Visakhapatnam is becoming India's new AI gold rush

Visakhapatnam is building over 6GW of AI data centre capacity by 2030. Major companies like Google and Reliance are investing significantly in this coastal city. Subsea cables will connect the region directly to global data traffic networks. The state government is implementing policies for renewable energy and water management. This…

The Economic Times

India launches first hydrogen train connecting Jind to Sonipat, a 'Make in India' success

India launched its first hydrogen-powered train connecting Jind to Sonipat. This initiative marks a step towards clean and sustainable mobility in railways,. The train utilises hydrogen fuel cell technology, producing only water vapor as a byproduct. Prime Minister Narendra Modi hailed the launch as a success of the 'Make in…

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