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
Infrastructure Urban

NHAI Defends Use of Mamallapuram Pond for ECR Project Ramp

                                                The National Highways Authority of India (NHAI) has informed the National Green Tribunal (NGT) that it was compelled to use a portion of a pond in Mamallapuram to construct an exit ramp for the East Coast Road (ECR) four-laning project between Mamallapuram and Puducherry. The clarification comes in response to a petition alleging that the construction encroached on the waterbody without valid justification.In its submission..

Next Story
Infrastructure Transport

Tiruvallur Begins Full Audit of Accident-Prone Roads

Tiruvallur, a fast-growing logistics and residential hub on Chennai’s northwestern edge, has begun a comprehensive audit of fatal and non-fatal road accidents across the district.Special task forces made up of transport, police, and revenue officials have started field investigations at high-risk locations such as Red Hills, Poonamallee, and Tiruvallur town.The initiative follows an alarming 188 road crashes, including 49 fatalities, reported in February alone. Tiruvallur Collector M. Prathap has directed officials to analyse five years’ worth of crash data to assess if road design flaws o..

Next Story
Infrastructure Urban

Modi Hands Over 51K Job Letters, Urges Youth to Drive Growth

Prime Minister Narendra Modi on Monday distributed over 51,000 appointment letters to newly recruited youth in various government departments and organisations, addressing them via videoconferencing during the Rozgar Mela.Speaking to the gathering, Modi said today marks the beginning of new responsibilities for the recruits. He urged them to strengthen India’s economy, boost internal security, help build modern infrastructure, and bring meaningful change to people's lives. The sincerity with which they perform their duties, he said, would directly impact India’s journey towards becoming a ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?