Ashwini Vaishnaw: 'The entire IT industry is going to be the largest AI services provider'

Union Minister Ashwini Vaishnaw discusses India's aggressive technological and infrastructural transformation at the World Economic Forum in Davos. Highlighting the shift from IT services to AI solutions, Vaishnaw stated, "The entire IT industry is going to be the largest AI services provider to the world," noting a target to develop a 10-million-strong AI talent pipeline. He detailed India's semiconductor roadmap, aiming for 7nm chips by 2030 and 3nm by 2032, while confirming that commercial production at nine ATMP units will begin in 2026. On infrastructure, the Minister revealed that 99.6% of the railway network is now electrified, with 35,000 kilometres added over the last 11 years. Vaishnaw also addressed India's macroeconomic resilience, projecting 6% to 8% real growth, and emphasized the country's emerging role as a trusted global value chain partner in electronics and defence manufacturing.