Rejecting the view that India is falling behind in the AI race, Union Minister for Information & Broadcasting, and Electronics & Information Ashwini Vaishnaw said that country’s strength lies in applying the technology across industries, expanding data-centre capacity and utilising its pool of chip-design talent.
Speaking to Morgan Stanley’s Head of India Research and Chief India Equity Strategist, Ridham Desai, Vaishnaw said, “Our biggest strength is in the applications layer. The biggest strength of our IT industry is to go into any enterprise, understand the enterprise, understand the operating system of the enterprise and provide a solution based on that operating system.”
He added, “Almost 80% of the startups which are coming up now are basically providing AI-based solutions.”
The Union Minister noted how the country is now focusing on data center capabilities, while pointing at the success of electronics manufacturing sector. He said the same model is now being applied to semiconductors, with India already accounting for 20% of the global chip-design workforce.
“The second layer in which we are playing well is the data center. We are one of those few countries which have more than half the power generation capacities from clean power. About 250 gigawatts is from renewable energy sources. A decade ago, mobile phones ranked 168th on India’s export list. Today, they’re number one,” Vaishnaw said.
“That trajectory is now being applied to semiconductors, where India already accounts for 20% of the global chip design workforce. For investors watching supply chain diversification away from China, this is one of the most significant manufacturing stories in the emerging world,” he added.
Speaking further on electronics manufacturing, Vaishnaw mentioned how it was started in “a very methodical way,” starting with getting the finished products assembled in the ecosystem, followed by the module, submodule and now reached the component levels.
“So step-by-step building this entire ecosystem. Because of this strategy, in a period of last decade, we have been able to establish ourselves as an important electronics manufacturing destination,” he said.
Vaishnaw further expressed confidence over world’s trust on India and said, “We have a very strong copyright and IP right protection system.”
Highlighting India’s design capabilities, Vaishnaw emphaised how engineers from are designing products for nearly the entire world. That has given us the template which we are using in multiple sectors. “In the case of chip manufacturing, we focused a lot on the design capabilities, which where we are very strong already.”
At present, India accounts for 20% of the global chip-design workforce, while the government is now seeking to deepen the talent pool more by providing advanced chip-design tools to students across 318 universities. Vaishnaw said students are not only designing chips using tools from companies such as Synopsys and Cadence, but are also getting to see their designs fabricated, assembled and tested at a semiconductor laboratory, helping democratise access to advanced technology across the country.
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