“We are extremely keen to have more facilities for chips and wafers and semiconductors because India’s total reliance on other countries for semi conductors is not advisable. It is a matter of concern for the country,” Goyal said.
Goyal also said that e-commerce, fintech, smart manufacturing and healthcare are significant areas where India offers a large market.
On a lighter note, the minister said that Singapore is “losing a very big opportunity by not bidding in the Air India process”.
“I read in the paper. I don’t know what is the reality but I promise you one day I’ll receive a call from you regretting this decision if you’re not bidding for Air India. It’s actually a jewel. If I was not a minister, I would have bid for (it) positively. I respect your decisions,” he said.
The government is expected to fetch Rs 15,000 crore from the sale of Air India, its subsidiary Air India Express and AISATS – a 50:50 joint venture partnership between Air India and Singapore Airport Terminal Services Limited.