Policy continuity to spur growth as Vaishnaw retains MeitY, says industry

The technology industry on Tuesday expressed optimism with Union Minister Ashwini Vaishnaw retaining the Electronics and IT Ministry, saying it is expecting continuity in policy making and governance approach to drive growth and investor confidence. Vaishnaw took charge as the Minister of Electronics and IT, Railways, and Information and Broadcasting on Tuesday morning. IT industry stalwart Ajai Chowdhry said the next five years will be critical in shaping the future of electronics product design and manufacturing in India. "If we want to be a Product Nation and compete directly with China to cater to the global electronics market, the country will need to put forth its best minds who understand business. This is a time for taking collaborative action that can potentially redefine India and the way the world looks at us as a manufacturing hub," he said. The industry looks forward to engaging closely with Minister Vaishnaw and the newly appointed Minister of State to "script a new .
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