India poised to grow electronics manufacturing to $300 billion in 3-4 years: Minister

Investment, PLI, India, Mobile phones, Manufacturing, Laptop

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New Delhi: India has an ‘unprecedented opportunity’ to grow electronics manufacturing to USD 300 billion in the next 3-4 years, building on scale, competitiveness, large market and enabling policies, Minister of State for Electronics and IT Rajeev Chandrasekhar said Tuesday.

The world is seeking more trusted sources for electronics post-COVID-19 and India has all the key elements in place to grab the opportunity, he said.

The minister also released a vision document on increasing India’s electronics exports and share in Global Value Chain.

PTI 

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