Next unicorn will be firm working on semiconductors: Rajeev Chandrasekhar

Union Minister says small firms are 'truly catalysing'' country electronics and technology industry.

Chipsets for 5G mobile network (5G) and satellite communication products were displayed at the Semicon India-2022 conference in Bengaluru where companies pitched their services to an audience of business executives, civil servants, and investors.

“Semicon startups are truly catalysing India’s electronics and semiconductor ecosystem,” said Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship. “May this tribe increase; I am confident that the next unicorn will be from here.”

Chandrasekhar, who once worked as a chip designer in the Silicon Valley, US and is former entrepreneur, said startups will be the growth engine of Indian technology.