Prime Minister Narendra Modi has laid out a vision that India will play an important role in the global electronics supply chain and manufacture electronic goods worth USD 300 billion by 2026, Union Minister Rajeev Chandrasekhar said.
“The Prime Minister has given a very clear vision that India will be an important player in the global electronics supply chain. He has set a target that India will be a $300 billion electronics manufacturing by 2026,” Chandrasekhar said on Saturday.
“From next year onwards, mobile phones will be among the top 10 categories for exports from India. There is an underlying vision and policy framework that is driving this shift in global brands looking at India as a global manufacturing destination, ” They said.
He also said that PM Modi has a vision to broaden the electronic ecosystem.
“Very soon a comprehensive semi-conductor ecosystem including design, packaging, fabrication and manufacturing will be established in India,” the minister said.
He said, “We are creating a framework of modern laws and India is becoming a global hub for innovation. One of the enabling environments for our start-ups is a modern framework of policies. We will soon introduce the Digital India Act.” do.”
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