World trusts us: Ashwini Vaishnaw after India joins strategic bloc Pax Silica
India entered into the strategic technology framework Pax Silica on Friday
The world’s confidence in India’s technology capabilities and policy credibility has enabled the country’s entry into the strategic technology framework Pax Silica, Union Electronics and IT Minister Ashwini Vaishnaw said after the signing ceremony on Friday.
Also read: AI Impact Summit: India joins US-led strategic bloc ‘Pax Silica’
What is Pax Silica and how could it benefit India?
“The world trusts India. We have a large talent pool and we have conducted our foreign policy in a manner that builds that trust. As part of that, Pax Silica has been signed, which is very important for the semiconductor supply chain, semiconductor manufacturing and chip design, and for establishing the entire semiconductor ecosystem in our country,” he said.
The Minister credited External Affairs Minister S. Jaishankar, Commerce and Industry Minister Piyush Goyal and the vision of Prime Minister Narendra Modi for enabling the initiative and hosting the AI Impact Summit.
“We are not merely holding a summit; we are building the future and laying the foundation for the young generation,” Vaishnaw said, adding that the emerging global silicon supply chain would open new opportunities for India’s youth.
He said India’s participation in Pax Silica would significantly benefit the domestic electronics and semiconductor sector, noting that 10 semiconductor facilities were at various stages of establishment in the country and that the first fabrication plant was expected to begin commercial production soon.
Vaishnaw added that engineers in India were already designing advanced two-nanometre chips and that a comprehensive semiconductor ecosystem was beginning to take shape. The Minister said the new framework would accelerate that process and create long-term opportunities for young professionals in the technology sector.
