Budget 2017-18 put a thrust on digital economy on the back of demonetisation and reduce overall corruption in Indian economy. The Indian IT & electronics sector has undergone transformation not only in terms of market size but also electronics hardware manufacturing capabilities have been boosted by government initiatives like Make in India. However, the industry feels that there is nothing concrete for the manufacturers of IT & electronics products in the budget.
“It’s good to see continued and strong commitment towards increasing technology adoption and usage across critical sectors like education, agriculture, financial inclusion and rural and infrastructure development. That’s how we can successfully drive the digitization of India. However, the budget has fallen short of creating avenues to increase the manufacturing of the technology solutions in India beyond smartphones,” commented Debjani Ghosh, managing director of South Asia, Intel, and president, MAIT (Manufacturers’ Association for Information Technology).
MAIT has been recommending that there is a real opportunity to grow the PC manufacturing ecosystem in India leading to increased job creation and impact. “By not extending the support for local manufacturing to these segments, we are missing an opportunity for creating a robust electronics manufacturing ecosystem,” opined Ghosh.
By Baishakhi Dutta
