India emerges as significant electronics manufacturer in 11 years: Minister
NEW DELHI: India has emerged as a significant electronics manufacturer and as a result of robust policy efforts, electronics manufacturing has grown almost six times in last 11 years – increasing from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25, the Parliament was informed on Friday.
In 2020, the government launched the production-linked scheme (PLI) for large-scale electronics manufacturing. The target segment included mobile phones and certain specified components. The scheme has attracted investment of Rs 14,065 crore, said Union Minister of State for Electronics and IT, Jitin Prasada in Rajya Sabha.
To target manufacturing of IT Hardware, the government launched PLI for IT Hardware for promoting manufacturing of laptop, tablets, server and ultra small form factor (USFF) devices.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
