Minister of State (MoS) for Home Affairs Kiren Rijiju said that the department is ready to facilitate speedier security clearances for electronics products and said that the sector, backed with innovation, could have added more efforts.
Rijiju said at the Electronic Industries Association of India (Elcina) Golden Jubilee event that his full support is with the sector. If some security policy clearances are required, home ministry will act soon.
Rijiju, however, expressed dissatisfaction over industry’s growth, and said that India, as a state, could have done more in the electronics sector.
We are giving emphasis on indigenous innovation. For a long term, we have to ensure products that are made in India. I must say that policies have shaped well, the junior minister added.
Following cyber attack incidences worldwide, there have been concerns over imported electronics goods and equipment particularly from China.
The Narendra Modi-led National Democratic Alliance (NDA) government has embarked on ambitious Make in India program that calls for localised production of electronics products with an aim to cut imports to net zero by 2020.
With domestic electronics manufacturing, a major focus of Centre, industry players have been seeking sops and tax rebates to further facilitate ease of doing business make sector lucrative to foreign investors.
India’s electronics industry which stands at $140 billion in 2017, is projected to grow to $400 billion by 2022, according to ELCINA.
The Ministry of Electronics and IT is, however, working on a new electronics policy that would likely to give further impetus to ecosystem players on the back of prestigious Make in India initiative.
In 2019-20, the department is aiming to produce 500 million mobile phones with as much as 40 percent value addition.
