The rise of India is deeply linked to the rise of technology: Jaishankar

External Affairs Minister S Jaishankar said on Tuesday that electronic manufacturing – semiconductors, 5G, artificial intelligence, commercial space launches, satellite manufacturing – is the future and the country must get on the fast track after it missed the bus for the first time.

“We missed the bus the first time, but I think we have an opportunity to go up, it may not be the same bus, but definitely a big type of opportunity for manufacturing… It all depends on how smart we are at it,” he said here at the Carnegie India Global Technology Summit. .

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He said technology should be given great weight in determining India’s geopolitical position as it would play a major role in forging alliances in a multipolar world.

Technical ability

“The rise of India is closely related to the rise of technology – it could be semiconductors, 5G networks, artificial intelligence, commercial space launches, satellite manufacturing,” he said.

“We’re very under-manufactured. When I hear people say ‘our future is in services’, I mean that’s simply not true. Our future is also in services for sure, but you can’t say ‘we’re going to grow to be a major force and we’re going to give the manufacturing process a go.’ That’s why That PLI scheme for example, is the strong support being given today for a different field of manufacturing.

He said the principle of strategic economic autonomy would hold the key to global rebalancing and big players would constantly strive to be more technologically capable.

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“We can’t be agnostic about technology. We have to stop thinking that there is something agnostic about technology… More and more things are driven by technology and we have to understand that there is a very strong political overtone built into technology… We, especially in India In the last two years I have woken up to the reality of, where does our data lie, who is processing and harvesting our data and what are they doing with it?This is a very basic question,” Jeshnakar added.