Stay updated with breaking news from Electronics Components Manufacturing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Production-linked Incentive: As it looks to lay the contours of the scheme, the Meity has asked the industry to provide details about India’s import dependency of electronics components for the last five years as well as what components are made in India in the same period.
As per MeitY, building an electronics components and semiconductor ecosystem is at the heart of electronics manufacturing and is a naturally extended outcome towards producing the finished electronics products. "An electronic device consists of a high density of components and the manufacturing of these components holds immense job and value addition potential," Meity said, while seeking inputs from the industry.
MeitY: Speaking at the Merchants Chamber of Commerce and Industry here, Krishnan said "Electronics manufacturing in the country is an important part of the new policy of the government. Now the present level of value addition by Indian companies is 15 per cent. Work should be directed towards increasing this percentage and the government is prepared to support this".