New Delhi, Nov. 14 -- In an exclusive interview with ANI, Parag Naik, CEO of Saankhya Labs and Executive Vice President at Tejas Networks, was not in favour of government taking an equity stake in semiconductor companies.

However, he noted the issue is complex and needs careful consideration of both its advantages and drawbacks. The US government recently picked up an approximately 10% stake in Intel as part of its strategic semiconductor push

Naik said that while government participation can provide stability and support, it also raises concerns about control and bureaucracy. "I don't know. It's the times that we're living in. It's good and bad, right? There are pros and cons of the government taking equity and pushing stuff," he told ...