How India Can Become Self-Reliant and Globally Competitive in Electronics Manufacturing
How India Can Become Self-Reliant and Globally Competitive in Electronics Manufacturing
Nijhum Rudra
Tue, 11/22/2022 - 16:22
With the assistance from the government of India in unleashing Rs 2.35 Lakh Crore policy push, the home-grown electronics manufacturing cluster is expected to witness a healthy 30 percent growth in the coming financial year, which is around Rs 7 Lakh Crore. Experts in the industry believe that this policy unleash will help India to become globally competitive and self-reliant. But, amid this positive vibe, there are loads of serious impediments that the industry is struggling to deal with such as intricate duty and taxation structures and regulatory uncertainty.
[original story: Circuit Digest]