+
India Plans $500 Billion Electronics Boost, 6 Million Jobs
ECONOMY & POLICY

India Plans $500 Billion Electronics Boost, 6 Million Jobs

NITI Aayog has unveiled a strategic plan to expand India's electronics sector to $500 billion, aiming to create 6 million jobs. This initiative is part of a broader effort to position India as a global electronics manufacturing hub.

The government is focusing on enhancing manufacturing capabilities and promoting innovation in the sector. This involves supporting domestic production, attracting foreign investment, and improving infrastructure. Key areas include semiconductors, mobile devices, and consumer electronics.

NITI Aayog's plan emphasises the importance of skilled workforce development, aiming to equip millions with necessary expertise through targeted training programs. Collaborations with educational institutions and industry stakeholders will play a crucial role in this endeavour.

By boosting the electronics industry, India seeks to reduce its dependency on imports and enhance its global competitiveness. The initiative aligns with the "Make in India" campaign, focusing on sustainable growth and economic resilience.

Investments in research and development are also prioritised to foster technological advancements and support the creation of innovative products. The government aims to build a robust ecosystem that encourages startups and nurtures homegrown talent.

The projected growth in the electronics sector is expected to significantly contribute to India's GDP, enhancing its economic stature on the world stage. This ambitious plan marks a pivotal step towards realising India's vision of becoming a leading player in the global electronics market, driving job creation and technological progress.

NITI Aayog has unveiled a strategic plan to expand India's electronics sector to $500 billion, aiming to create 6 million jobs. This initiative is part of a broader effort to position India as a global electronics manufacturing hub. The government is focusing on enhancing manufacturing capabilities and promoting innovation in the sector. This involves supporting domestic production, attracting foreign investment, and improving infrastructure. Key areas include semiconductors, mobile devices, and consumer electronics. NITI Aayog's plan emphasises the importance of skilled workforce development, aiming to equip millions with necessary expertise through targeted training programs. Collaborations with educational institutions and industry stakeholders will play a crucial role in this endeavour. By boosting the electronics industry, India seeks to reduce its dependency on imports and enhance its global competitiveness. The initiative aligns with the Make in India campaign, focusing on sustainable growth and economic resilience. Investments in research and development are also prioritised to foster technological advancements and support the creation of innovative products. The government aims to build a robust ecosystem that encourages startups and nurtures homegrown talent. The projected growth in the electronics sector is expected to significantly contribute to India's GDP, enhancing its economic stature on the world stage. This ambitious plan marks a pivotal step towards realising India's vision of becoming a leading player in the global electronics market, driving job creation and technological progress.

Next Story
Infrastructure Transport

Vadhavan Port to Boost India’s Global Maritime Position

The Vadhavan Port, a deep-draft port on the India-Middle East-Europe Economic Corridor, is expected to increase India’s container handling capacity by 23.2 million TEUs.A series of strategic MoUs have been signed to support skill development, rural entrepreneurship, and training for local communities. These include agreements between Vadhavan Port Project Ltd (VPPL) and Yashwantrao Chavan Maharashtra Open University for training, JNPA and DG Shipping for maritime skill development, and VPPL with Sahyadri Farms to boost the agricultural value chain.Training programmes for heavy vehicle drivin..

Next Story
Infrastructure Urban

DAY-NRLM Hosts Workshop to Boost SHG-Led Health Initiatives

The Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM), under the Ministry of Rural Development, organised a two-day regional workshop in Ranchi on “Sangathan, Swasthya, Samriddhi: Women Collective’s Action on Food, Nutrition, Health and WASH (FNHW)” in collaboration with the Jharkhand State Livelihood Promotion Society (JSLPS).The event, held on 22–23 July 2025, aimed to strengthen self-help group-led interventions in health, nutrition, and sanitation. It brought together senior officials, community cadres, and FNHW representatives from 14 states and UTs, inc..

Next Story
Infrastructure Urban

Defence Chief to Attend Talisman Sabre 2025 in Australia

Chief of Integrated Defence Staff (CISC) Air Marshal Ashutosh Dixit will visit Australia from 26 to 28 July 2025 to witness the 11th edition of Exercise Talisman Sabre (TS25). The multilateral training activity is led by the Australian Defence Force and the US Armed Forces and involves 19 nations.Six officers from the Indian Armed Forces are participating in TS25 as staff planners in joint operations planning, logistics, and safety. Indian officers had previously participated in the 2021 and 2023 editions as observers.The exercise provides an opportunity to strengthen military-to-military ties..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?