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Ashwini Vaishnaw, Union Minister for Electronics & Information Technology, says, "...The world trusts India...We have a large talent pool, and we have conducted our foreign policy in a way which creates their trust. As part of that, today, the Pax Silica was signed, which is very important for the semiconductor supply chain, semiconductor manufacturing, and chip design, for establishing the entire semiconductor ecosystem in our country." "...India has become a part of the Pax Silica. This will greatly benefit India's electronics and semiconductor industry. Ten plants are already established in India and are in the process of being established, and very soon, the first semiconductor plant will begin commercial production. In that context, the most advanced two-nanometer chips are being designed in India today. A complete ecosystem is emerging in India. Pax Silica will be crucial for this, and the youth of India will benefit from it."