India Emerges As Trusted Semiconductor Partner

India has positioned itself as a "trusted partner" in global semiconductor and electronics supply chains, union minister Ashwini Vaishnaw said Saturday at the ET Now Global Business Summit, noting electronics could soon rank among India's top two export goods. He cited progress including component manufacturing meeting over 50% domestic demand within two years, Micron's India facility starting production by end of February, and India hosting a large AI Summit featuring sovereign models.