The government of India is working on a three-pronged approach to encourage growth of electronics manufacturing facilities in the country. The first approach is a shift towards a long-term policy horizon so that there is clarity for the end user and the policy path is known. The second is that the government is working on the taxation regime to be made stable and finally to put in place all the suuport schemes which will ensure that ‘Make in India’ initiative will become a success.
“While electronics manufacturing has an advantage of a large consumer base, we have fallen behind …in the production of components, which remains a challenge,” said Aruna Sharma, Secretary, Department of Electronic and Information Technology, at a conference on Championing Manufacturing in India.
According to a working paper on the evolution and prospects of India’s exports, “India has huge potential to leverage its electronic hardware, storage devices, and computer services exports and diversify into quality information solutions.”
India has great potential in electronic manufacturing and this has been advocated by many industry experts. The government needs to make a convinient environment to encourage manufacturers.
By Atanu Kumar Das
