"One of the objectives is to produce indigenous hardware and software to meet the domestic demands and also to export such products. In software, there is already an ecosystem in place. We are working for completing the entire ecosystem for the electronics sector to realise the vision of the Make in India so that reliance on the imports can be reduced, more jobs can be created and domestic requirements can be met," Omkar Rai, director general, STPI told media persons here.
STPI is setting up a characterization facility for testing of chips at Karnataka that is likely to give a boost to the ESDM sector and a similar lab is being set up at Bhubaneswar, the second one in the country after Karnataka.
The Union government has formulated a host of schemes like Electronic Manufacturing Cluster (EMC) scheme that supports creation of world-class infrastructure for attracting investments in the ESDM sector, the Modified Special Incentive Package Scheme (M-SIPS) among others. STPI is focusing more on entrepreneurial development in the field of ESDM sector providing other support services, he added.
To boost domestic manufacturing of electronics and encourage entrepreneurship, STPI has set up an incubation centre at Delhi University. An electronics incubation centre is also planned in Odisha.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)