Shri Ashwini Vaishnaw
Manufacturing base of electronics products in the country is grossly inadequate in comparison to demand of such goods. Even in cases where products are manufactured in India, the extent of domestic value addition is low. One of the critical constraints in the way of attracting investments for manufacturing is lack of availability of good
and reliable infrastructure for growth of industries and its dispersal across the regions. However, the National Policy on Electronics (NPE) is based on the principal of making India a manufacturing hub for Electronics and thereby, reducing our overall reliance on imports.
The EMC 2.0 is a decisive step in materialising the vision on our Hon’ble Prime Minister’s to make India a global hub for Electronic manufacturing. It is envisaged that these EMCs would aid the growth of the ESDM sector, help development of entrepreneurial ecosystem, drive innovation and catalyse the economic growth of the region by attracting investments in the sector.