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.
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).
