MANESAR: India’s electronics manufacturing and export prowess have grown multi-fold in the last decade driven by enabling policies and incentives and the Made-in-India products now command global recognition, given their reliability and respect for IP rights, Union minister Ashwini Vaishnaw said on Friday.
Vaishnaw said electronics manufacturing in India has risen five-fold in the last decade topping Rs 11 lakh crore. Exports have grown six times during this period, crossing Rs 3.3 lakh crore. The entire ecosystem has spurred 25 lakh jobs, Vaishnaw, minister for electronics and IT said. “In global market, Indian products, given their reliability and respect for IP rights, have an advantage, and it is being recognised globally.“
India’s design capabilities have paved the way for complex products – from AI cameras to automobile electronics and telecom network equipment to power electronics – being designed here, adding to India’s sheen as an electronics hub, he said.