New Delhi: The Electronics and IT Minister Ravi Shankar Prasad said on Friday that the Indian government will focus on manufacturing of medical electronics, defence electronics and scaling up the manufacturing capacity of automobile electronics, as part of its plan to grow Indian digital economy to $1trillion.
The minister was speaking at industry association CII’s Electronics Summit in New Delhi.
“I see medical electronics as an area of great promise. I had a very good meeting with GE recently. Indian government is also committed to encourage defence electronics. India already makes automobile electronics. We need scale it up further. I see electronics playing an extraordinary role in the economy,” said Prasad.
He said there are challenges of insufficient talent and research and development in the field of electronics, which could be solved if the government and industry work together. The minister reiterated that the government is pushing for $1 trillion digital economy that includes telecommunication, information technology, e-commerce, electronics, artificial intelligence and Internet of Things. He added the target is achievable in 3-4 years, and will create employment for 50-75 lakh people.
Ajay Sawhney, Secretary of Ministry of Electronics and IT, said National Policy on Electronics is ready and will soon be presented to the Cabinet.
“We must combine our strength on software and design in mobile and electronics manufacturing to not only solve problems in India but with an eye on the global market,” said Sawhney. Rajiv Kumar, vice chairman at Niti Aayog, backed Sawhney’s stand on exports.
“We need to scale up electronics manufacturing. With scale comes employment, which is a bigger objective than anything else. Scale will not come without exports,” Kumar said.