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Union Minister Piyush Goyal on Thursday highlighted India’s rise as a global hotspot for emerging technologies, crediting transformative initiatives like the Interconnected Grid, the Digital India campaign, and affordable data access for reshaping the nation’s connectivity and infrastructure landscape.

“The interconnected grid, Digital India, and affordable data reaching every corner of the country have revolutionized connectivity, making India the most attractive destination for artificial intelligence, data centres, and Global Capability Centers (GCCs),” Goyal said during a press conference in the capital.

He emphasised India’s accelerating progress in manufacturing and exports, calling the nation increasingly quality-conscious. “The 5G network is expanding at an unprecedented pace and will soon cover the entire country,” he added. Goyal also noted the strength of India’s interconnected power grid, boasting a capacity of 450-500 gigawatts, ranking among the world’s most advanced.

The Union Minister revealed growing interest from international companies in India’s burgeoning market. “Several NASDAQ-listed companies are exploring delisting from the U.S. stock exchange to list on Indian bourses instead,” he disclosed. Regarding Tesla and Starlink, Goyal clarified that while he is not directly involved, departments like Heavy Industries and Space would oversee their potential India ventures.

Commenting on India’s trade ties with the U.S. under Donald Trump’s leadership, Goyal described the relationship as robust, underpinned by a strong rapport between Prime Minister Narendra Modi and Trump. “Trump has often expressed confidence in India’s partnership, and our relations have improved year by year,” he noted.

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The minister reiterated India’s commitment to emerging as a global leader in technology, innovation, and infrastructure development, showcasing its ability to attract international investments and strengthen its global standing.

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