Mumbai, May 29 (IANS) Stressing the strategic importance of semiconductor manufacturing and related technologies, Padma Shri awardee Prof. Juzer Vasi said on Friday that semiconductors play a critical role not only in chip production but also across consumer electronics, defence systems, space technology and several other sectors vital to India’s growth and self-reliance.Speaking to IANS after being honoured with the Padma Shri in the field of Science and Engineering, Prof. Vasi said he was de…
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Washington, May 29 (IANS) Treasury Secretary Scott Bessent declared the United States the world’s leading artificial intelligence power, arguing that China remains significantly behind as Washington seeks to maintain its technological edge in one of the most consequential strategic competitions of the century.”The US is the AI leader in the world,” Bessent said during a White House briefing.”We’re an AI superpower. China is second, they are trailing substantially.”The remarks reflect the Trump a…
New Delhi, May 28 (IANS) The Centre is moving ahead with plans to set up four critical mineral processing plants in Odisha, Gujarat, Telangana, and Maharashtra as part of the country’s strategy to enhance domestic capabilities in producing these key materials required for making semiconductors, electric vehicles, solar panels, hi-tech electronic goods and defence equipment.Speaking on the National Critical Mineral Mission (NCMM), Union Coal and Mines Minister G. Kishan Reddy noted that the Cen…
New Delhi, May 26 (IANS) India and the US on Tuesday signed a strategic agreement to deepen cooperation in critical minerals and rare earths which constitute key materials for making semiconductors, electric vehicles, solar panels and high-tech defence products.The pact comes in the backdrop of growing global concerns on China’s dominance over these critical inputs which gives the communist giant the power to disrupt global supply chains.The agreement was signed during the Quad Foreign Ministe…
Bengaluru, May 25 (IANS) BJP national president Nitin Nabin on Monday said India is creating unprecedented opportunities for youth under the visionary leadership of Prime Minister Narendra Modi through growth in the semiconductor sector, startups, digital innovation, and skill development initiatives. Addressing the “Dialogue with Young Minds” programme organised by Youth for Nation in Bengaluru, Nabin said India was achieving new milestones in emerging sectors and empowering the younger gen…
New Delhi, May 21 (IANS) US-India trade is entering a high‑growth phase and could reach $500 billion by 2030 driven by stronger supply chains, technology collaboration and deeper integration across manufacturing and services, a report said on Thursday. The report from KPMG in India and AMCHAM said bilateral trade has expanded steadily in recent years, with India’s cumulative exports to the US reaching $87.3 billion in FY26, accounting for 20 per cent of total merchandise exports.Electronics,…
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that India’s annual output of around 14 lakh STEM graduates had become one of the country’s biggest advantages in technology, manufacturing and innovation. Speaking at the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Gandhinagar, Goyal said India’s growing pool of scientists, engineers and technology professionals was attracting global investment …
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that India’s recent free trade agreements with developed economies had given the country preferred access to markets accounting for nearly 70 per cent of global GDP. Addressing the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Ahmedabad, Goyal said the agreements reflected the long-term economic strategy of Prime Minister Narendra Modi and would suppor…
Amsterdam, May 17 (IANS) Prime Minister Narendra Modi and his Netherlands counterpart Rob Jetten visited the Afsluitdijk Dam on Sunday. Following this, PM Modi took to X and said, “An area in which the Netherlands has done pioneering work is water resources. There is a lot the entire global community can learn from them. This morning, I had the opportunity to visit the Afsluitdijk and understand the salient features of this project. I am thankful to PM Rob Jetten for accompanying me here.””We ar…
Ahmedabad, May 17 (IANS) Union Home and Cooperation Minister Amit Shah has said India was positioning itself as a “founder nation” in emerging sectors such as artificial intelligence, robotics, quantum computing and semiconductors.He said this while addressing the launch of Million Minds Tech City, Gujarat’s first SEZ IT park, in Ahmedabad on Sunday.Speaking at the inauguration of the first phase of the project in Tragad, HM Shah said the country had moved from lagging behind in several se…