India recorded 8X rise in exports in electronics manufacturing: MoS Prasada
Electronics production in India surged from Rs 1.9 lakh crore in 2014–15 to Rs 11.32 lakh crore in 2024–25.
Electronics production in India surged from Rs 1.9 lakh crore in 2014–15 to Rs 11.32 lakh crore in 2024–25.
The report is the outcome of an extensive analysis of India’s electronics sector, including its scopes and challenges, the Niti Aayog said.
The Narendra Modi government's target is to increase electronics manufacturing capability to Rs 24 lakh crore by 2025-26, which will also help create over 10 lakh jobs, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Friday.
The signing ceremony was witnessed by Taiwan's Deputy Economics Minister Chen Chern-Chyi -- who headed a Taiwanese delegation to India.
The decision was taken in the Union Cabinet chaired by Prime Minister Narendra Modi to give a series of attractive incentives to the Semiconductor industry.
