- The value of electronic equipment manufactured in India has increased to Rs 4.58 lakh crore in 2018-19
- He also stated that the government is promoting the manufacturing of mobile phones, TVs and other electronic devices through the National Policy on Electronics
President Ram Nath Kovind said that India is taking big steps in electronics production and has come out as the second largest mobile phone manufacturing hub globally. While addressing a joint sitting of both Houses of Parliament, Kovind said the value of electronic equipment manufactured in India has increased to Rs 4.58 lakh crore in 2018-19. It stood at Rs 1.90 lakh crore in 2014-15.
He added that in 2014, the country had only two companies manufacturing mobiles in India. He also stated that the government is promoting the manufacturing of mobile phones, TVs and other electronic devices. The National Policy on Electronics has been formulated for this.
Technology playing a major role
The government has been working over the last few years to make India a base for the world. It has set a target to promote domestic manufacturing in the electronic system design and manufacturing (ESDM) value chain to get a turnover of $400 billion by 2025.
President Kovind also said that technology is playing a major role in bringing cities and villages closer. He added that so far, more than 1.25 lakh Gram Panchayats have been connected with high-speed broadband under the BharatNet scheme. In 2014, there were 60,000 Common Service Centres in rural areas. It has increased to more than 3.65 lakh now.
He added that digital technology is the foundation of the Industrial Revolution ‘Industry 4.0’. The government has focused on digital access, digital inclusion, and digital empowerment in an “unparalleled manner” through the Digital India Programme according to him.
