Ashwini Vaishnaw, Minister for electronics and information technology (MeitY) and Manufacturers Association of Information Technology (MAIT) held an extensive deliberations on the way forward to achieving the $300 billion electronics hardware manufacturing by 2026.
During an interaction with MAIT and industry leaders, Vaishnaw discussed the steps required towards achieving $300 billion electronics hardware manufacturing in India by 2026. The discussion also dwelt into steps required to enable MSME’s to leverage this production linked incentive (PLI) driven growth and become the bed rock of the local electronic manufacturing ecosystem of India. Meanwhile, MAIT expressed that one of the goals of PLI scheme should be to nurture Indian brands.
In addition, the stakeholders also discussed the steps to fast forward electronics repair services in the country. On the MAIT proposal for electronics hardware repair, refurbishment and calibration services which could emerge as the next sunrise sector opportunity for India, the Vaishnaw suggested to work as a team to fast forward this mission.
