2 YEARS OF ACHIEVEMENT

TOUCHING LIVES, TRANSFORMING INDIA

Department of

AND INFORMATION TECHNOLOGY

  • ELECTRONICS MANUFACTURING TOUCHES NEW HEIGHTS

  • High priority has been given to boost manufacturing of electronics and IT hardware in India due to its potential to generate employment and create a cyber secure eco-system. The Union Budget of 2016-17 extended the differential duty structure to some electronics items. It also seeks to promote manufacturing of semi-conductor wafer, LCD fabrication units and populated PCBs among other things.

    MAJOR INITIATIVES

      • M-SIPS (Modified Special Incentive Package Scheme) to attract investment
      • EDF (Electronic Development Fund) to enable Government to attract venture funds for innovation
      • EMC (Electronics Manufacturing Clusters) will be set up in 7 states (1 in each state) to generate 1 lakh jobs
  • ELECTRONICS MANUFACTURING TOUCHES NEW HEIGHTS