Value addition could hit 70% with memory chips made in India: Vaishnaw

Some players in the world do not want India to become a big manufacturer of these products, so they are engineering a problem, the Communications minister says

Communications Minister ASHWINI VAISHNAW had a brief telephonic interview with Surajeet Das Gupta following his meeting with the 32 applicants who have submitted their applications for the production-linked incentive (PLI) 2.0 information technology hardware scheme. Excerpts:

Is the allocation of Rs 17,000 crore sufficient for the 32 players, which is more than what you have accounted for?
 

We will accommodate all 32 players under the PLI 2.0 scheme, and we are confident of having some savings which we can use. They are all ready to proceed.

What kind of value addition are you expecting from them?
 

I had discussions with all of