Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År
The Perfect Holiday Gift Gift Now

A PLACE FOR THE CHIP

Outlook Business

|

December 2023

Union electronics and information technology minister Ashwini Vaishnaw's entry into the Narendra Modi cabinet within two years of joining politics was seen with scepticism. However, with his background in civil service and business, the tech-savvy minister has emerged as Modi's Man Friday when it comes to working for India's semiconductor ambitions

- Abdul Haleem Sherif

A PLACE FOR THE CHIP

India’s efforts to enter the global semiconductor chip manufacturing domain got a shot in the arm this year when US-based chipmaking giant Micron Technology began the construction of its $2.75 billion semiconductor plant in Sanand in Gujarat.

While Prime Minister Narendra Modi’s followers hail him for his enthusiasm in trying to make India a global semiconductor manufacturing hub, the role of his trusted lieutenant, Union minister of electronics and information technology Ashwini Vaishnaw, has not gone unnoticed.

Vaishnaw is unlike most other Union ministers before him. When he took charge at the Ministry of Electronics and Information Technology (MeitY) in July 2021, he had been a parliamentarian for barely two years. Neither did he have any ministerial experience, nor did he have much sway within the Bharatiya Janata Party (BJP). After all, he joined it only after receiving the Rajya Sabha nomination from Odisha in 2019. He was elected unopposed to the upper house, thanks to the support from the Biju Janata Dal.

Vaishnaw brought to the table at MeitY his decadeplus experience as a bureaucrat, coupled with his Ivy League pedigree and familiarity with global corporate structures. He completed M.Tech from IIT, Kanpur, and joined the Indian Administrative Service in 1994 as an Odisha cadre officer.

By 2003, he was walking in the highest corridors of power when he joined the office of then prime minister Atal Bihari Vajpayee as a deputy secretary. Later, he took a hefty loan to pursue MBA at the Wharton Business School in the US. On his return to India, he exited civil service and took up top managerial roles in multinational corporations like General Electric and Siemens one after the other. Before eventually making his foray into politics, the Jodhpur-born engineer even had entrepreneurial stints in Gujarat.

FLERE HISTORIER FRA Outlook Business

Outlook Business

Outlook Business

Powering the Cloud

As data centres multiply across India, rising energy needs can strain transmission networks and challenge the country's clean-power ambitions

time to read

5 mins

December 2025

Outlook Business

Outlook Business

'Reimagining Industrial India: Sustainable, Skilled and Inclusive'

India's manufacturing playbook is evolving. Aditi Kumar, joint managing director, TVS ILP, shares the trends reshaping design and consumer demand

time to read

1 min

December 2025

Outlook Business

Outlook Business

Fighting on Foreign Soil

Facing overcapacity at home, Chinese automakers are hunting for market share in India's key export strongholds

time to read

5 mins

December 2025

Outlook Business

Outlook Business

A Fine Balance

A Jaipur-based health-tech start-up is building a network for diagnosing and treating vertigo, bringing specialised care and advanced rehab to patients globally

time to read

3 mins

December 2025

Outlook Business

Outlook Business

On the Prowl

Manipal's insatiable appetite for acquisitions has made it the biggest hospital chain in the country this year

time to read

5 mins

December 2025

Outlook Business

Outlook Business

The Power of Scale

After decades of calm in India's paints market, Birla Opus' entry has shown that in a world chasing speed, size can still be a strategy

time to read

5 mins

December 2025

Outlook Business

Outlook Business

Tanaashi Technologies - Empowering MSMEs with Scalable Digital Transformation

Building agile technology platforms that strengthen MSME productivity and competitiveness

time to read

2 mins

December 2025

Outlook Business

Outlook Business

Money Trails

A study explores how interest rates and money supply shape tourism flows and spending across small Pacific Island economies

time to read

3 mins

December 2025

Outlook Business

Outlook Business

Altera Institute - Reimagining Business Education for India's Digital and AI Future

Reimagining business education for a world driven by technology and purpose

time to read

2 mins

December 2025

Outlook Business

Outlook Business

Dark Horse to Disruptor

Rapido has broken the Uber-Ola duopoly in ride hailing by flipping the typical go-to-market script of consumer-tech in India. Now it is foraying into food delivery

time to read

6 mins

December 2025

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back