"Important to position India as a trusted partner," Union Minister Ashwini Vaishnaw hails Pax Silica initiative
Feb 20, 2026
Vaishnaw emphasised that India's semiconductor ecosystem has witnessed rapid evolution over the past decade. "It's a very important historical event for us because our semiconductor industry has evolved very well in the last decade. Today, we are designing 2-nanometer chips. Our manufacturing ecosystem is coming up. Our equipment manufacturing ecosystem and material manufacturing ecosystem will also come up in the coming years. In that journey, it's very important to position India as a trusted country which the entire world would like to partner with," he said.