Gaur, during a recent online IAMAI round table discussion, had pointed out towards gaming device manufacturing as something that fits in the electronics manufacturing ecosystem
The government of India might be working on a production linked scheme to attract gaming consoles and gaming accessories (electronics) manufacturing companies to set shop in India. Several media reports hint towards an IT official belonging to the Ministry of Electronics and IT (MeitY) saying that the move may be inspired by the increase in number of gaming consoles being adopted in different markets.
Saurabh Gaur, joint secretary, Ministry of Electronics and IT, had recently noted steps were being taken to promote the gaming ecosystem in India. Various private equity investors and venture capitalists have invested more than a billion dollars in the Indian gaming ecosystem within the last six months.
Gaur, during a recent online IAMAI round table discussion, had pointed out towards gaming device manufacturing as something that fits in the electronics manufacturing ecosystem. He had also expressed that India can meet the demands of the world once a complete ecosystem is developed in the country.
The government of India, during the pandemic caused by the outbreak of the coronavirus, has launched several schemes that are meant not only to make India atmanirbhar in terms of electronics it consumes but also make it for the world. Most experts and electronics industry associations all over the country have mentioned these to be some of the best schemes they have seen in the history of the country.
“We have to attract cutting-edge technology and maximum investment in the sectors related to our core competency,” Prime Minister of India, Narendra Modi, has said while addressing a webinar on Production Linked Incentives recently. “Earlier, industrial incentives used to be open ended input based subsidies, now they have been made targeted and performance based through a competitive process,” he added.
