City
Epaper

India making headlines in supply chain localisation across industries: Ashwini Vaishnaw

By IANS | Updated: March 9, 2024 17:25 IST

Bengaluru, March 9 India, which is an excellent destination for the services industry, is now making headlines globally ...

Open in App

Bengaluru, March 9 India, which is an excellent destination for the services industry, is now making headlines globally in the localisation of supply chains across industries, especially electronics hardware, Union IT and Telecom Minister Ashwini Vaishnaw said here on Saturday.

Launching India’s fastest and indigenously-designed IP/MPLS (Multiprotocol Label Switching) router at Nivetti Systems' campus in the city, the minister said that manufacturing has evolved overtime with various combinations.

“Manufacturing comes with great innovations, software and brain-power. India has a robust base of software and design capabilities that will help us become a major product nation in the world,” he told the gathering during his address.

MPLS is a routing technique in telecommunications networks that directs data from one node to the next, based on labels rather than network addresses.

The minister said that it is a matter of pride for us that an indigenously-developed router with a capacity of 2.4 tbps has been developed.

“This ‘made in India’ router emboldens the vision of Prime Minister Narendra Modi’s ‘Digital India' -- a vision that emphasises fostering an environment perfect for manufacturing and innovation,” he added.

The government’s Production-Linked Incentive (PLI) scheme for IT hardware includes several telecom products, including networking switches and routers.

Building on the success of PLI for mobile phones, the Union Cabinet led by PM Modi, had approved the PLI Scheme 2.0 for IT hardware on May 17, 2023.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketJust hasn't read the room: Simon Doull shocked by Ashwin's surprise decision to pull out of ILT20 auction

NationalCentral employees in Rajasthan, MP express happiness over 3 pc DA hike ahead of Diwali

BusinessRevenue Department to probe Wintrack allegations against Chennai Customs, Govt says committed to ease of business

TechnologyAPEDA showcases India’s agri-food strengths as export partner at World Food India

BusinessAPEDA showcases India’s agri-food strengths as export partner at World Food India

Technology Realted Stories

TechnologyIndustry hails India’s success as leading electronics manufacturing destination globally

TechnologyDutch chip giant ASML lauds PM Modi for being accessible to investors

TechnologyPractising naturopathy, yoga true tribute to Mahatma Gandhi: Prataprao Jadhav

TechnologyNortheast joins mainstream in India’s development map: Report 

TechnologySeoul shares break 3,500 for 1st time on chip rally