Private sector-led investment in semicon sector must increase: RS Sharma

NEW DELHI: RS Sharma, the former chairman of the Telecom Regulatory Authority of India (TRAI), has called on the private companies to increase investment in the domestic semiconductor sector, adding that this would be crucial to India’s leadership in this industry.

“Private sector investment is modest. If we want leadership in semiconductors, this must change. Innovation should not be seen as risky, but as essential. Failures must be accepted as part of the learning process,” said Sharma, who also served as the secretary of the Ministry of Electronics and IT (MeitY) between May 2014 to July 2015.