National Electronics Policy likely in a few months: MeitY secy

The secretary also stressed upon the need to position India as not only a manufacturing hub but as a hub for design, innovation and manufacturing.

The Government of India will hold discussions with the industry on electronics manufacturing related specifics in segments like automotive, defence, medical and power that are currently ruled by imports, said Ajay Prakash Sawhney, secretary, Ministry of Electronics and Information Technology (MeitY).
 
He added that the suggestions and ideas evolved will be incorporated in the new National Electronics Policy, which is set to be released in a couple of months’ time.
 
He was delivering speech on "Electricals & Electronics Manufacturing" at Assocham in New Delhi on Wednesday.
 
“It is very important for us to also grow seriously in many other segments where imports are ruling the market, we have huge scope in India for - medical electronics, automotive electronics, power electronics, defence electronics and we are hoping to sit with industry to understand as to what will it take specifically to make it happen in India and that is going to be part of the new national policy on electronics, which we are coming out with,” the secretary said.
 
“We have had fairly extensive rounds of discussion with the industry, we have taken note of your concerns, opportunities that you have pointed out to us and hopefully in a couple of months we should be coming out with the new national policy on electronics,” he added.
 
He further said that time is ripe for India to position and prepare itself to become more competitive and start building exports and not just for mobile segments. 
 
“There are a number of segments where we have grown significantly over the past 3-5 years, in the area of LED lights and products we are fairly competitive today, we have seen scorching pace of growth in that as well.”
 
The secretary also stressed upon the need to position India as not only a manufacturing hub but as a hub for design, innovation and manufacturing. 
 
“Our policy will make tremendous effort to help this along.”
 
Sawhney added, “As we complete our electronic ecosystem, as we fill that gap, it will be possible to combine our existing strength in design and software with the emerging strength that we are acquiring in the entire ecosystem of electronics.”
 
He added “We have significant growth in LCD and LED tvs being assembled and manufactured within the country, we have seen more and more work in the solar panel segment as well, though still the import content is very high but we are making progress in that area.”
 
Noting that India continues to be a huge market for electronics, the MeitY secretary said that demand is mushrooming and growing roughly at around 20 per cent year on year and it is expected to continue this kind of huge growth.
 
Talking about the increasing number of SMT (surface mount technology) lines for PCB (printed circuit board) assembly, Sawhney said that his ministry expects that this year India would be able to attract about 400 SMT lines, marking a very significant increase in number of SMT lines that exist.
 
“Hopefully in a couple of years’ time and we are working hard towards this goal, we would be able to get most of the important sub-assemblies and the basic components also increasingly being manufactured in India, this helps us in value addition,” he said.
 
Mr Sawhney further said that when India had started assembly of mobile phones in 2014-15, there were about 60 million units being assembled with a value of around Rs 19,800 crore. “This moved year-on-year to 115 million in 2015-16, 175 million in 2016-17, 225 million in 2017-18 and now with an overall value of Rs 1.32 lakh crore in a matter of three years.”
 
Urging the industry to start looking at new segments, he said that once the SMT lines, electronics subsystems, camera modules, displays, audio and others come in and become part of Indian ecosystem, they are the same things that go into anything electronic, India would be able to make not just the mobile phones but almost everything confidently.
 
Source: Media reports

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