Deki Electronics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The government has fixed August 30 as the last date for manufacturing IT hardware under Rs 17,000-crore PLI scheme.

The government decision to curb imports of laptops, tablets and PCs, along with Rs 17,000-crore IT hardware PLI, will create multi-billion dollar local production capacity and import dependency will nosedive in the next 2-3 years, industry players said on Friday.

Chief Minister Shivraj Singh Chouhan has said that providing facilities and arrangements in the state for research, designing, manufacturing, testing etc in the electronics and semi-conductor sector at the global level is necessary for the industrial progress of the state. The electronic sector is

India's merchandise exports have experienced a significant shift, with growth in sectors such as electronics, telecom, mobile phones, machinery, automobiles, and petroleum, while traditional export items like gems, jewelry, apparel, meat, and leather have declined. The share of electronics exports rose by 73% from 2015 to 2022, while machinery exports grew by 40%. However, India's overall share in global merchandise exports remains low, signaling the need for more trade agreements and investment in sectors like jewelry and textiles.

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