(MENAFN- IANS) New Delhi, Feb 10 (IANS) India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the coming few years which is a realistic and achievable target for the government, Union Minister for Electronics and IT and Railways, Ashwini Vaishnaw, said here on Saturday.
Addressing the ‘Global Business Summit’ event in the national Capital, the minister said that the overall manufacturing ecosystem, developing at a very fast pace, has given them confidence to meet those targets in a few years’ time.
“Component manufacturers have started shifting to our country. A lot of electronics and semiconductor design work has kicked-off. All this will ensure that India becomes a trusted partner in the global value chain (GVC) in a short span of time,” Vaishnaw told the gathering.
The…
