#ANINews “90% semiconductors…”Adani’s reality check to India on how geopolitical events can restrict growth

“90% semiconductors…”Adani’s reality check to India on how geopolitical events can restrict growth
Addressing students on the 75th foundation day of IIT-Kharagpur, Adani Group Chairman Gautam Adani says, “In terms of technology dependence, 90 per cent of our semiconductors are imported. One disruption or sanction can freeze our digital economy. In the case of energy vulnerability, we import 85 per cent of our oil. A single geopolitical incident can restrict our growth… In the case of military dependence, many of our critical systems are imported, bringing our national security under the political will of other nations. This is the freedom we must now fight for, the freedom of self-reliance, the freedom of Atmanirbharta, if we are to be truly free.”

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