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14
December 2018
 |
National
Policy on Electronics (The Total Investment & Insurance Solutions)
The
government has almost finalized the National Policy on Electronics to boost
electronics manufacturing in India on a big scale, Electronics and IT Minister
Ravi Shankar Prasad said Friday. The Total Investment & Insurance Solutions
Prasad
further said that the Modi government is pushing India's case for USD 1
trillion digital economy. "We are working on electronics policy, we have
almost finalised that. We had widest consultation possible," he said at an
event organised by industry body CII. The minister also asked the electronics
industry to focus on producing medical devices, defence and automobile items. The Total
Investment & Insurance Solutions
"We
are pushing India's case for USD 1 trillion digital economy and that report is
almost finalised and the prime minister soon going to launch it," Prasad
announced. The Total Investment & Insurance Solutions
He pointed out that today 240 companies in
India are making mobile phones and its components. Noida and Greater Noida are
emerging as mobile phone manufacturing hub, Prasad said, adding that this will
employ 5 lakhs people.
Speaking
at the same event, Niti Aayog Vice Chairman Rajiv Kumar said that he sees
electronics industry as sunrise industry. Kumar also said India's electronics
industry should scale up and aspire to become USD 150 billion industry in the
next five years. The first National Policy on Electronics was rolled out in
2012, which offered incentives to companies setting up manufacturing units in
the country. The Total Investment & Insurance Solutions
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