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Ashwini Vaishnaw Defines India's Vision for Tech Sovereignty at Bloomberg Forum
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Moneycontrol•14-10-2026, 09:41
Ashwini Vaishnaw Defines India's Vision for Tech Sovereignty at Bloomberg Forum
- •Union Minister Ashwini Vaishnaw stated at the Bloomberg New Economy Forum that India's approach to tech sovereignty focuses on strategic dependencies, building domestic manufacturing capabilities, and strengthening supply chain resilience.
- •India aims to be deeply embedded in global value chains while establishing domestic manufacturing design for critical sectors like semiconductors, railway systems, and defence.
- •Vaishnaw highlighted that developing a robust ecosystem is essential for manufacturing success, and India is planning with short-term, medium-term, and 20-year long-term goals.
- •He noted that R&D remains a hindrance that requires restructuring and increased funding, while warning that upcoming decades will experience higher turbulence driven by technological and financial shifts.
- •India's debt-to-GDP ratio has declined to 55 percent, as the country seeks to build an economy resilient to global disruptions and offer trusted technological solutions to the world.
Key Questions Answered
Union Minister Ashwini Vaishnaw stated that India's approach to technology sovereignty focuses on identifying critical and strategic dependencies, building domestic capabilities, and enhancing resilience while remaining deeply embedded in global value chains.
India is thinking 20 years ahead, with short-term goals spanning three to five years and medium-term goals covering five to 10 years.
Ashwini Vaishnaw announced that India's debt-to-GDP ratio had declined to 55%, reflecting the country's efforts to build an economy resilient to financial, economic, and technological turbulence.
