India Aims Rs. 24 Lakh Crore Electronics Manufacturing Capability: MoS IT

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India Aims Rs. 24 Lakh Crore Electronics Manufacturing Capability: MoS IT


The authorities goals to extend electronics manufacturing functionality to Rs. 24 lakh crore by 2025-26, which may even assist create over 10 lakh jobs, Minister of State for Electronics and IT Rajeev Chandrasekhar mentioned on Friday.

Speaking at a perform in Bengaluru, the minister mentioned the nation is as we speak at an inflection level — probably the most thrilling interval in its historical past — and the current era of scholars is the luckiest era within the impartial India’s historical past.

“…target of the Narendra Modi Government is to increase electronics manufacturing capability to Rs. 24 lakh crore by 2025-26, which will also help create over 10 lakh jobs,” an official assertion quoted him as saying.

He mentioned that there are greater than 90,000 startups, together with 110 unicorns, by which younger Indians are enjoying a giant half.

The minister mentioned that not less than 15 lakh younger Indians from Karnataka can be given coaching in business related future-ready abilities.

“Remembering ‘Appu’, (the popular Kannada actor Puneeth Rajkumar as he was commonly referred to) on his birthday, Rajeev Chandrasekhar said the day is observed as ‘Spoorti Dina’ or Inspiration Day, and that the occasion could not be more apt to discuss opportunities in IndiaTechade with students,” the assertion mentioned.

To a question concerning the Silicon Valley Bank disaster and the Indian authorities’s position to mitigate the woes of startups, Chandrasekhar mentioned, “The Indian banking system is rather more resilient and stronger compared to some other nation’s banking system. Startups ought to due to this fact go for Indian banks as their most popular banking companions.”


After facing headwinds in India last year, Xiaomi is all set to take on the competition in 2023. What are the company’s plans for its wide product portfolio and its Make in India commitment in the country? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is out there on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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