HomeNewsTrendsITIndia needs to move beyond services, turn into a 'product nation': Vaishnaw

India needs to move beyond services, turn into a 'product nation': Vaishnaw

Ashwini Vaishnaw made it clear that while India’s services industry will continue to grow, the next big leap must come from product development.

March 20, 2025 / 18:37 IST
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Vaishnaw also announced a major upgrade for Pune railway station, citing the city's historical and industrial importance.
Vaishnaw also announced a major upgrade for Pune railway station, citing the city's historical and industrial importance.

India must move beyond its dominance in IT services and focus on becoming a global product powerhouse, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said, stressing the need for indigenous innovation in both software and hardware.

Vaishnaw made it clear that while India’s services industry will continue to grow, the next big leap must come from product development. “We have been a great service country, now we need to become a product nation. An industry that must continue to grow, but simultaneously we must now also become a product nation.”

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He laid out the broader vision, stating, “This journey will involve software products as well as hardware products, both categories. And within hardware, analog products and digital networks.”

Innovation, he said, must extend beyond government institutions and involve a much wider ecosystem.“Where only certain government institutions would be developing the technologies, everything has to now give way to a new mindset, where academia, startups, students, and researchers all join together to create new solutions,”the minister said while felicitating winners of the Indian Web Browser Development Challenge (IWBDC) and Chips to Start Up (C2S) Programme event organised by MeitY. He emphasised that talent from across the country must contribute. “…what’s more important is that participation (of startups and innovators) is coming not just from premier institutions, but also from a large number of institutions in Tier-2 and Tier-3 cities.”