Opportunity in developing electronics system: Pilot

Minister of State for Communications and IT Sachin Pilot said that there is a huge opportunity in developing the electronics system and design manufacturing (ESDM) industry in the country with an estimated demand for electronics expected to exceed $400 billion by 2020. “Electronics demand in the country is growing exponentially and most of it is being met through imports. The development of ESDM industry is also extremely important for strategic reasons. According to department of IT task force report, the demand for electronics is expected to exceed $400 billion by 2020,” Pilot said. The government is coming up with a comprehensive policy framework that would involve investment of nearly $100 billion and employment for 28 million people at different levels, and a national electronics mission is also proposed to steer the whole programme, he added.