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₹30k-cr package likely for electronics R&D
Hindustan Times Navi Mumbai
|December 12, 2024
Meity task force submits report; focus on maximum local value addition
NEW DELHI: The Centre is working on a ₹30,000 crore package for the electronics industry to encourage private sector research and development (R&D) and create leading brands, two people aware of the development said.
A task force set up by the ministry of electronics and information technology (Meity) six months ago studied the viability and market-readiness of such a scheme and submitted actionable points, the people said on the condition of anonymity. Once approved, the proposal will go to the finance ministry.
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