PLI scheme will help mobile manufacturing to become India's largest exports by 2025: ICEA
India, June 3 -- The Ministry of Electronics & Information Technology (MeitY) believes that India's electronics hardware manufacturing sector faces a lack of a level playing field vis-a-vis competing nations.
The sector suffers a disability of around 8.5% to 11% on account of lack of adequate infrastructure, domestic supply chain and logistics; high cost of finance; inadequate availability of quality power; limited design capabilities and focus on R&D by the industry; and inadequacies in skill development.
The vision of National Policy on Electronics 2019 (NPE 2019) is to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core compon...
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