+
India needs to increase electronics production locally: MeitY
Technology

India needs to increase electronics production locally: MeitY

The secretary of the Ministry of Electronics and Information Technology (MeitY), Ajay Prakash Sawhney, said that India requires to increase the production of electronics components to get the productions to high levels and to substitute imports and start exporting.

At a virtual event organised by the India Cellular and Electronics Association (ICEA) and MeitY, he highlighted the local production of LED, strategic electronics, Printed Circuit Board Assembly (PCBA), telecom components, wearables and hearables.

He added that the biggest production is mobiles from $30 billion to $120 billion. The other four significant sectors are IT hardware, industrial electronics, consumer electronics and automotive electronics, with $25 billion each.

According to him, India needs to substitute imports, lower tariffs and achieve competitiveness at international markets to shift into the export business.

Officials said that foray into other sectors, including smart meters, drones are also crucial.

Sawhney added that getting into other segments is essential, even while fighting to pick up momentum in the existing sectors. In the new sectors, including hearables and wearables, telecom, and many more, India has been a constant importer in such segments.

Image Source

Also read: Hindalco Industries to focus on global expansion, reduce capex

The secretary of the Ministry of Electronics and Information Technology (MeitY), Ajay Prakash Sawhney, said that India requires to increase the production of electronics components to get the productions to high levels and to substitute imports and start exporting. At a virtual event organised by the India Cellular and Electronics Association (ICEA) and MeitY, he highlighted the local production of LED, strategic electronics, Printed Circuit Board Assembly (PCBA), telecom components, wearables and hearables. He added that the biggest production is mobiles from $30 billion to $120 billion. The other four significant sectors are IT hardware, industrial electronics, consumer electronics and automotive electronics, with $25 billion each. According to him, India needs to substitute imports, lower tariffs and achieve competitiveness at international markets to shift into the export business. Officials said that foray into other sectors, including smart meters, drones are also crucial. Sawhney added that getting into other segments is essential, even while fighting to pick up momentum in the existing sectors. In the new sectors, including hearables and wearables, telecom, and many more, India has been a constant importer in such segments. Image Source Also read: Hindalco Industries to focus on global expansion, reduce capex

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?