Schemes launched to push domestic electronics manufacturing will help India become global hub: Official

By OEM Update Editorial June 18, 2020 4:21 pm IST

The guidelines unveiled by the government for three electronics manufacturing schemes namely, Production Linked Incentive Scheme (PLI) for large-scale electronics manufacturing; Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS); and Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme are entrepreneur friendly and will help

India build a robust manufacturing ecosystem and become global electronics hub, informed Ms Jyoti Arora, special secretary and FA, Ministry of Electronics & IT in an ASSOCHAM webinar on ‘Future of Electronics system design & manufacturing in India.’

Ms Arora said, “These three schemes in this present scenario where people are looking for diversifying the supply chains which are now actually concentrated in one country and the global political scenario which is emerging and the kind of incentive structure which the MeiTY has tried to build in terms of around Rs 50,000 crore support to electronics industry, I think our vision of becoming an electronics hub will now be achieved and we look forward to support from all stakeholders.”