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Rajeev Chandrashekhar requires framework the place likeminded nations work collectively to form way forward for expertise

New Delhi [India], March 4 (ANI): Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has known as for cooperation and a framework the place like-minded nations work collectively to form the way forward for expertise.

While talking on the panel dialogue on “Materials That Matter: Battle for Securing Critical Supply Chain through the Raisina Dialogue 2023 on Friday, he mentioned that India has been shifting into an period the place the nation is aspiring to turn into a semiconductor nation. Former Australian Prime Minister Tony Abbott and Tadashi Maeda, Chairman of the Board, Japan Bank for International Cooperation (JBIC) additionally participated within the dialogue.

“We are certainly moving into an era as India where for the first time, we are aspiring to be a semiconductor nation. So conversations like this are suddenly becoming more important to us. It wasn’t for the last decade,” Chandrashekhar mentioned.

“And so with the first fab and hopefully multiple fabs coming up in India and larger electronics ecosystem, these issues become a lot more pressing and important. And certainly that’s why I reiterate that there is a need for more cooperation and a framework where like-minded nations work together to shape the future of technology,” he added.

Responding to a query relating to the Indian perspective on expertise and innovation, he mentioned, “I think we see innovation, we see the digital economy as increasingly a bigger and bigger piece of what we do, what we experience in India, and we predict the same for the rest of the world.”He additional mentioned, “But, we are absolutely clear, and we say this again during the G20 with Vasudhaiva Kutumbakam, that the world is one family, that we have to figure out some institutional framework where instead of these occasional conversations about the problems that we are in, that we sit down and have a decade long perspective on technology, innovation, talent, risk and materials and resources.”Rajeev Chandrashekhar mentioned that Prime Minister Narendra Modi-led authorities on many events known as for the necessity for the democracies of the world to work collectively and form the way forward for expertise typically and innovation specifically. He careworn that the way forward for Tech goes to be extra intense within the coming decade. “We have been for some years and our government under Prime Minister has been very loudly and from as many occasions as possible talking about the need for the democracies of the world to work together and shape the future of technology in general and innovation in particular whether that is semiconductors and electronics whether that is on the Internet,” Rajeev Chandrashekhar mentioned.

“There are so many areas that in a lot of ways that we have as individual governments allowed this thing to get away from us and then find ourselves in these problematic situations where there is this concentration of electronics capabilities and capacities in a particular geography. We suddenly wake up and find that a certain country has marched well ahead of the rest of the world on AI and are threatening to swamp us. And certainly, I think as democracies we should be clear about certain clear goals in that the future of Tech and Tech is going to be only more intense and more disruptive in the coming decade,” he added.

In his remarks on the panel dialogue on “Materials That Matter: Battle for Securing Critical Supply Chain”, Rajeev Chandrashekhar mentioned that there has all the time been a contest for assets. “I certainly don’t think this is a battle. I think it’s a competition. And I don’t believe that this is some new phenomenon that we are seeing in the world. There’s always been a competition for resources,” Rajeev Chandrashekhar mentioned.

In the previous, it was hydrocarbon vitality after which we moved on to some issues and it’s actually clear that within the final three, or 4 years this fast acceleration of digitization has induced these demand spikes in areas that weren’t essentially the spikes just a few years in the past or a decade in the past,” he added.

He famous that there’s a new world order that’s rising in electronics and semiconductors. He mentioned that the brand new world order consists of nations which weren’t there previously.

Rajeev Chandrashekhar mentioned, “I think the bigger story is that there is this new world order that is emerging on electronics and semiconductors and participating in this new world order are countries that were not there in the past.”He additional mentioned, “And so therefore there is this scramble, if you want to call it that, for these underlying resources and inputs that go into these industries.” Union Minister mentioned that he would discuss with it as competitors and never as a battle. (ANI)

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