Rajeev Chandrasekhar to Meet Electronic and IT Makers

- Advertisement -

The likes of Foxconn, Lava, Micromax, Apple, Wistron will be a part of the meeting

Rajeev Chandrasekhar, the minister of state for electronics and IT, will be meeting the top electronic and IT makers for the countries one-on-one. A report by the Economic Times states that the representatives of these companies will be discussing their expansion plans with the minister.

“The government has asked the companies to make a half-an-hour presentation to the minister and his team on the status of their investments in India and future plans,” quoted the Economic Times.

- Advertisement -

The meetings will also see discussion of plans focused around bringing critical components manufacturing to India. The likes of Foxconn, Lava, Micromax, Apple, Wistron will be a part of the meeting. Most of these companies have got the green flag to participate in different PLI schemes.

The minister had recently chaired a meeting which was attended by MeitY’s joint secretary Saurabh Gaur and leaders including Sunil Vachani, executive chairman, Dixon Technologies; Hari Om Rai, chairman, Lava International and Pankaj Mohindroo, chairman, India Cellular & Electronics Association,among others.

The government of India, during the pandemic caused by the outbreak of the Corona Virus from China, has launched a train of schemes that are meant not only to make India Atma Nirbhar in terms of electronics it consumes, but also make India for the world. Experts and electronic industry associations all over the country have mentioned these to be some of the best schemes they have seen in the history of the country.

The National Policy on Electronics (NPE) 2019 has envisaged electronics production worth $400 billion (approx Rs 26 lakh crore) by 2025. This includes targeted production of one billion handsets by 2025, valued at $190 billion (or Rs 13,00,000 crore).

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

5G Chipset Market to Hit $92.09B by 2030

0
Reports indicate that the global next-gen wireless processor market is on track to surpass the $100 billion mark in the coming decade. The 5G chipset...
Gursaurabh Singh, Founder of Dhruv Vidyut

“Electrifying Rural Mobility- Converting Traditional Bicycles Into E-Bikes”

0
In a conversation with Nitisha Dubey from EFY, Gursaurabh Singh, the Founder of Dhruv Vidyut, discusses their conversion kit, which can transform any conventional...
Rahul Bollini, the Founder of Bollini Energy

“Formal Contracts For Long-Term Commitments Are Not Always Necessary”

0
Bollini Energy collaborates with various companies interested in understanding the complete value chain of Lithium-ion cells. They offer technical services that span from mining...

Buzz

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

Important Sectors

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

VinFast Invests $2 Billion In India Expansion

0
Vietnamese electric carmaker VinFast expands across Asia, opening new factories in India and Indonesia, despite challenges in the competitive EV market and slowing global...

Statiq Plans 5,000 New Chargers With Hyundai, ChargeMOD, And GLIDA Partnerships

0
Chargers managed by the partner CPOs will be fully integrated into the Statiq app, providing users with clear visibility and access to an extensive...

Manufacturing

Honeywell Creates AI Software For Gigafactory Efficiency

0
Honeywell anticipates that its new battery manufacturing excellence platform will lower the costs of cell production, speed up the ramp-up cycles, and decrease material...

Raju B Ketkale Named CEO Of Lumax Industries

0
He takes over from Vishnu Johri, who is stepping down for personal reasons. Lumax Industries Limited, a Tier-1 automotive lighting system and component manufacturer within...

Schaeffler And Symbio JV Innoplate Starts Fuel Cell Plate Production

0
Starting with an initial production capacity of 4 million bipolar plates, the Innoplate joint venture is projected to achieve an annual output of 50...

Tesla Pushes Suppliers To Source Parts Beyond Taiwan And China

0
China and Taiwan are major global producers of essential electronics parts and components. Tesla has requested that its suppliers move the production of components and...

Uno Minda Shines With Increased Content Per Car And EV Focus

0
Uno Minda, a key player in the auto parts industry, has demonstrated significant revenue growth, surpassing industry averages by more than double over the...