Monday, April 3, 2023

Time for India to focus on becoming global electronics manufacturing powerhouse

This article has appeared in the New Indian Express - Web Exclusive . The article looks at 

 1) While India still does not have the semiconductor chip capability, we are able to locally source over 75% of the electronic components. In some cases it is as high as 95% as well 

2) We are still 6-9% cotlier than China as China government still provides tax benefits. Indian government policies are helping but more needs to be done. 

3) Our dependence on IT industry for jobs must change and this sector can provide a great opportunity.

4) We need to use advanced technologies for  disrupting the market and emerge as a a global power house.

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