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National electronics policy to boost manufacturing almost ready: Prasad

The minister also asked the electronics industry to focus on producing medical devices, defence and automobile items

Press Trust of India  |  New Delhi 

Ravi Shankar Prasad
Ravi Shankar Prasad

The government has almost finalised the to boost manufacturing in on a big scale, and said Friday.

further said that the is pushing India's case for USD 1 trillion digital economy.

"We are working on electronics policy, we have almost finalised that. We had widest consultation possible," he said at an event organised by industry body CII.

The also asked the to focus on producing medical devices, defence and automobile items.

"We are pushing India's case for USD 1 trillion digital economy and that report is almost finalised and the prime soon going to launch it," announced.

He pointed out that today 240 companies in are making and its components.

Noida and Greater Noida are emerging as mobile phone manufacturing hub, Prasad said, adding that this will employ 5 lakhs people.

Speaking at the same event, said that he sees as sunrise industry.

Kumar also said India's should scale up and aspire to become USD 150 billion industry in the next five years.

The first was rolled out in 2012, which offered incentives to companies setting up manufacturing units in the country.

First Published: Fri, December 14 2018. 14:00 IST
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