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19
February 2019
 |
| Job
(The Total Investment & Insurance Solutions) |
The Cabinet on Tuesday approved a new
electronics policy which aims to create a USD 400 billion electronic
manufacturing ecosystem by 2025 and generate 1 crore jobsin the country.
"We are targeting USD 400 billion (ecosystem) by 2025. It will give jobs
to 1 crore people," Law and IT minister Ravi Shankar Prasad said after the
Cabinet meeting.
The National Electronics Policy 2019 proposes
to boost mobile manufacturing in the country to 1 billion units worth USD 190
billion (about Rs 13 lakh crore) of which 600 million units worth USD 110
billion (about Rs 7 lakh crore) will be exported from the country. Under the
policy, the government aims to push manufacturing of strategic electronics
required by defence and other strategic sector in the country. The first
electronics policy came in 2012.The
Total Investment & Insurance Solutions
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