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The Latest Breaking News from Ashwini Vaishnaw

Electronics now third largest export category, next target second rank: Ashwini Vaishnaw

India's electronics exports are surging, now its third-largest category, with ambitions to become second. The nation's electronics manufacturing sector is valued at Rs 13 lakh crore. The minister was speaking at the inauguration of American electronics manufacturing services firm Jabil’s new advanced facility in Pune.

The Economic Times

India’s electronics output hits ₹13 lakh crore; Vaishnaw eyes No. 2 export spot

India's electronics production has reached Rs 13 lakh crore. The nation aims to make electronics the second largest export category. Two semiconductor plants are already operational. Two more chip plants will begin full commercial production this year. This growth is driven by smartphone exports, with Apple being a major contributor.

The Economic Times

RVNL, Railtel Corp, Titagarh Rail, other railway stocks rally up to 4% on Rs 16 lakh crore bullet train plan

Railway stocks including RVNL, Railtel and Titagarh Rail rose up to 4% after the government unveiled a Rs 16 lakh crore plan to develop seven high-speed rail corridors. The ambitious push, including Delhi–Varanasi and Varanasi–Siliguri routes, is expected to boost rail infrastructure and domestic manufacturing.

The Economic Times

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Ashwini Vaishnaw expects more companies to start production of memory chips in India

Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production…

The Economic Times

"Will significantly improve ticket booking efficiency": ZRUCC Southern Railway member on IRCTC website upgrade

Indian Railways is set for a major digital upgrade. The passenger reservation system will see its ticket booking capacity surge from 32,000 to 1.5 lakh tickets per minute. This enhancement aims to boost efficiency and prevent server failures during peak booking times. A new, improved IRCTC website is slated for…

The Economic Times

IRCTC new website launch date announced by Ashwini Vaishnaw : Faster ticket booking, tatkal booking status, seat choice feature and more

New IRCTC Website launch: Indian Railways is set to launch a revamped IRCTC website by July 15, promising a significantly smoother online ticket booking experience. The upgrade boasts a five-fold increase in booking capacity and a ten-fold jump in enquiry speed. Passengers can anticipate new features like seat choice, a…

The Economic Times

India emerges as global tech partner under PM Modi's 12-yr tenure, exporting to US, China: Vaishnaw

India is now a trusted partner in technology value chains. Under Prime Minister Narendra Modi, the country exports electronics, including complex products, to nations like the US and China. Smartphone exports have become a major category. The government is focusing on semiconductor design and manufacturing equipment. Talent development in this…

The Economic Times

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AI world vastly different from IT Act era, believe new law is needed: Union minister Vaishnaw

India's IT Minister Ashwini Vaishnaw believes a new law is needed for Artificial Intelligence. The current IT Act, enacted in 2000, predates AI's rapid growth. Discussions are underway with the industry to balance innovation and regulation. India is also tightening rules on AI-generated content and deepfakes to ensure citizen safety.

The Economic Times

Comparing India with Taiwan, South Korea on semiconductors not very accurate: Union minister Vaishnaw

India is rapidly advancing in semiconductor manufacturing and AI adoption. Union Minister Ashwini Vaishnaw highlighted significant progress in the country's semiconductor mission, with commercial production already underway. The upcoming Semicon 2.0 program will prioritize chip design. India's electronics sector has seen substantial growth, creating numerous jobs and boosting exports. Global…

The Economic Times

World's most advanced chips, including Nvidia chips, being designed in India: Union minister Ashwini Vaishnaw

India is now designing advanced semiconductor chips for global leaders like Nvidia and Intel. Over 300 universities are teaching chip design. India aims to become a major semiconductor design and manufacturing hub. The nation is focusing on the entire ecosystem, including manufacturing machines and chemicals. This strategic push is attracting…

The Economic Times

'Last year we exported Rs 35,000 crore components to China': Ashwini Vaishnaw

India's electronics manufacturing is on the rise. Last year, components worth 35,000 crore rupees were exported to China. Around 250 new component manufacturing factories are expected in the next two to three years. This expansion is creating 25 lakh quality jobs. India is moving up the value chain, designing and…

The Economic Times

Suvendu Adhikari pushes time-bound land handover as ₹1 lakh crore railway projects gather pace in West Bengal

West Bengal is set to see massive railway development. Projects worth approximately one lakh crore rupees are planned. CM Suvendu Adhikari has instructed district magistrates to create timelines for land acquisition. This move aims to expedite the implementation of these crucial railway projects across the state. The central government has…

The Economic Times

Semiconductor plant in Assam likely to start production this fiscal, Union Minister Ashwini Vaishnaw says

Production at the Jagiroad semiconductor plant in Assam is set to begin this financial year. Union Minister of I&B and Electronics and IT, Ashwini Vaishnaw, confirmed the timeline after meeting with Assam Chief Minister Himanta Biswa Sarma. The facility, a Tata Semiconductor Assembly and Test Pvt Ltd project, will produce…

The Economic Times

India's semiconductor push gets major boost with $3.3 bn Odisha deal with Intel & 3D Glass Solutions

Odisha, Intel and 3D Glass Solutions Inc. signed an agreement for a new advanced packaging glass core substrate manufacturing facility. This project, with an investment of $3.3 billion, will be located in the Bhubaneswar-Khurda region. The facility will produce advanced semiconductor components.

The Economic Times

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The Economic Times

Sarthak PDS: Cabinet clears Rs 25,000-crore overhaul of public distribution system

The Union Cabinet has approved the Rs 25,000-crore Sarthak Public Distribution System scheme. This initiative aims to modernize India's food security network. It will strengthen fair price shops and improve the distribution of food grains. The scheme focuses on efficiency, transparency, and citizen engagement. Key pillars include an AI-driven beneficiary…

The Economic Times

Railways clears Katra slope works, Kiul-Jhajha 3rd line project in Rs 1,200 crore safety push

The Minister for Railways, Ashwini Vaishnaw, has said that these works reflect the Government's commitment to ensuring safe and reliable connectivity in the most challenging terrains of the country. Shri Vaishnaw said that following a detailed assessment of cuttings, bridges and tunnels, protection and rehabilitation works have been sanctioned. He…

The Economic Times

A Rs 2,193 crore rail push: Govt greenlights Katra safety, Howrah-Delhi capacity and Chennai suburban boost

Indian Railways has greenlit three significant infrastructure projects totaling Rs 2,193 crore. These projects will boost safety on the Jammu-Shri Mata Vaishno Devi Katra route. Capacity will be expanded on the busy Howrah-Delhi corridor. The Chennai suburban network will also see decongestion. These upgrades promise improved train punctuality and operational…

The Economic Times

Bengaluru-Mumbai new express train: Check route, schedule, fare and key details

Railways have introduced a second direct train service between Bengaluru and Mumbai, a much-needed connectivity boost after nearly 30 years. This bi-weekly express train aims to ease travel for thousands commuting between Karnataka and Maharashtra. A Vande Bharat Sleeper service is also anticipated soon.

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The Economic Times

CM Bhajanlal Sharma inaugurates Rajasthan's first semiconductor cluster at Bhiwadi

Rajasthan's Chief Minister inaugurated the state's first semiconductor cluster in Bhiwadi, highlighting 35 pro-investment policies. This move positions Rajasthan as a major industrial hub, with plans for a new industrial area and advancements in renewable energy.

The Economic Times

India’s first indigenous 200-kmph Ahmedabad-Dholera rail corridor worth Rs 20,667 crore gets Cabinet nod

A new semi-high-speed rail line will connect Ahmedabad and Dholera in Gujarat. The project, costing around Rs 20,667 crore, will be India's first with indigenous technology. It aims to reduce travel time significantly, boosting connectivity and regional development. The line will operate at 200 kmph.

The Economic Times

Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence

The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet briefing.

The Economic Times

Cabinet raises Minimum Support Prices for 14 kharif crops

The Union Cabinet has approved significant hikes in Minimum Support Prices for 14 Kharif crops for the 2026-27 marketing season. Sunflower Seed sees the largest absolute increase. Cotton and other oilseeds also receive substantial boosts. MSPs for all notified Kharif crops are set at least 50% above production costs. Common…

The Economic Times

SC likely to hear petitions challenging sections of India’s first privacy law this month

The petitioners are the Reporters' Collective, the Editors Guild of India, the National Campaign for People's Right to Information, Mazdoor Kisan Shakti Sanghatan, human rights and transparency activist Venkatesh Nayak and journalist Geeta Seshu. Among other aspects, they have questioned provisions which amend the Right to Information (RTI) Act and…

The Economic Times

'Nobody will fly': India's plane versus train battle gets a twist

India's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring global trends. This strategic shift prioritises high-speed rail for premium intercity travel, potentially reshaping India's transport landscape and economic integration by compressing travel times and fostering regional growth.

The Economic Times

AI jobs growing almost by 15-20%: Ashwini Vaishnaw

As the demand for technology rises, India's IT industry is enjoying a remarkable boom in AI job openings, with projections showing a growth rate of 15-20%. This is accompanied by noteworthy investments in data centers, thanks to attractive tax benefits. The expansion of digital connectivity through innovative subsea cable constructions…

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