1. Ashwini Vaishnaw
Ashwini Vaishnaw, who has been instrumental in India’s push towards semiconductor manufacturing, is highlighted for his vision of turning India into one of the top five nations for semiconductor production in the next five years.
According to Time, “Under Vaishnaw’s leadership, the country hopes to become one of the top five nations for semiconductor manufacturing — a key component for modern AI systems—within the next five years. Construction has begun on several factories.”
Vaishnaw, however, has significant difficulties. India's IT industry struggles with a lack of modern manufacturing ecosystems and low private sector R&D spending. Furthermore, the educational system is still changing to generate the trained labour force needed for the semiconductor and artificial intelligence industries.
The magazine also identifies other obstacles, including high import duties, international rivalry, and the substantial infrastructure required to sustain the semiconductor manufacturing industry—particularly the requirements placed on water and electricity supply networks.