India Eyes Major Boost in Electronics Manufacturing

With the new electronic components manufacturing policy "in place", India's electronic manufacturing will see a value addition of 40 to 50 per cent from the current 15-16 per cent, said a report by Axis Capital.

- TBG NETWORK

With the new electronic components manufacturing policy "in place", India's electronic manufacturing will see a value addition of 40 to 50 per cent from the current 15-16 per cent, said a report by Axis Capital. "We expect value addition to increase to 40/50 per cent from the current 15/16 per cent, with a components policy now in place", said the report.

The Ministry of Electronics and Information Technology (MeitY), on April 8, notified the Electronics Components Manufacturing Scheme, marking a significant step towards strengthening India's position as a global hub for electronics manufacturing.