India must evolve from services to product nation: Ashwini Vaishnaw

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India must transition beyond being only a services nation to a product nation in both software and hardware, developing solutions across the entire stack, union electronics and IT minister Ashwini Vaishnaw said Thursday.

“The old mindset where only certain government institutions would be developing everything has to now give way to a new mindset where a much broader partnership of academia, startups, students, researchers — they all must join together to create new solutions,” he said.

He was speaking at an awards ceremony for the winners of the…



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India must evolve from services to product nation: Ashwini Vaishnaw


India must transition beyond being only a services nation to a product nation in both software and hardware, developing solutions across the entire stack, union electronics and IT minister Ashwini Vaishnaw said Thursday.

“The old mindset where only certain government institutions would be developing everything has to now give way to a new mindset where a much broader partnership of academia, startups, students, researchers — they all must join together to create new solutions,” he said.

He was speaking at an awards ceremony for the winners of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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