India a trusted ally in chip & electronics chain: Ashwini Vaishnaw
Remember when 'global supply chain' used to be a fancy phrase, not a recurring nightmare? Well, apparently, some nations are tired of playing chicken with critical components. India, it seems, is perfectly happy to step up and offer a stable shoulder, or perhaps, a very well-stocked electronics shelf. It’s less about altruism and more about shrewd strategy: if everyone’s scrambling for chips, why not be the one holding the factory keys, or at least, a significant portion of the blueprint?
This burgeoning role isn't just wishful thinking; it's a strategic pivot backed by tangible demand. As articulated by Ashwini Vaishnaw, India's Minister for Railways, Communications, Electronics & Information Technology, the nation is actively positioning itself as a reliable partner in the global semiconductor and electronics ecosystem. During the ongoing negotiations for the EU Free Trade Agreement, a crucial request from the European Union has been for a broad spectrum of Indian electronics products, encompassing everything from intricate electronic boards and components to complex modules, alongside defence, industrial, and consumer electronics. This highlights a clear recognition of India's growing manufacturing capabilities and its potential to diversify and secure global supply lines.
