India’s electronics industry has been growing steadily but its manufacturing aspect has felt the effect of importing cheap component and units from other markets. The Union ministry has realised the importance of establishing an organised and effective manufacturing set-up, which is why there is a committee in place to ensure those plans are executed.
According to a TOI report, Ajai Chowdhry, chairman, HCL Infosystems has reportedly expressed his confidence about India’s capability to establish its own electronics hardware manufacturing set-up at large-scale. “Yes. we can start with high value products, right from chips to software, the entire life cycle of products can happen out of here. A special body is evaluating large-scale production possibilities of a few products including set-top-boxes, tablets, smartphones, smart cards, micro ATMs etc,” Chowdhry said in an interview with TOI.
The committee will be sharing its observation with the department of electronics within the time-frame of three months.
Talking about the role of the government, he further added that, “An electronics development fund of Rs 100 billion has been proposed. The fund will be utilised for projects in hardware design, R&D, semicon, nano-electronics and other electronics manufacturing. The fund will promote innovation, IPs, R&D and commercialization of products.”
