Semiconductor policy key to improving defence mfg: Navy chief Tripathi

Navy chief Admiral Dinesh K Tripathi has said India’s semiconductor policy is essentially “new oil for the economy” and important to improve the country’s defence manufacturing.

Speaking at an event here on Monday, he also asked the private sector to take the lead in order to make the country self-reliant.

If India has to become self-reliant, then the private industry must take the lead in defence manufacturing, he said.