Government open for Amendment in Electronics Policy, Says official - ASSOCHAM

ASSOCHAM strongly believe that National Policy on Electronics, 2012 will go a long way in extenuating the disability costs in ICTE manufacturing.
By: Assocham
 
Jan. 24, 2013 - PRLog -- ASSOCHAM strongly believe that National Policy on Electronics, 2012 will go a long way in extenuating the disability costs in ICTE manufacturing. It would definitely help in making the industry more competitive, attract new investments, generate employment, create additional revenues and lead to lesser dependence on Imports, said Mr. Anirudh Dhoot, Chairman, ASSOCHAM National Council on Electronics & Director, Videocon Industries Ltd. in the inaugural speech today.

“ASSOCHAM has been campaigning to support Electronics Manufacturing Clusters (EMCs) thereby making ICTE manufacturing more competitive. The cluster concept imparts certain inherent natural manufacturing advantages of agglomeration and scale, bringing together required infrastructure, skills, and supporting institutions”, added Mr. Dhoot.

The EMCs have potential advantages like increased productivity of the companies in the cluster, driving innovation, cutting down unproductive costs and reduction of costs through shared resources, said Mr. Dhoot.

To achieve an investment of US$ 100 billion, the government is open for amendments in the National Policy on Electronics (NPE), said Dr. Ajay Kumar, Joint Secretary, Department of Electronics & Information Technology, Ministry of Communication & Information at the ASSOCHAM roundtable discussion here today  

Inaugurating the ASSOCHAM Round table discussion on “Electronics Manufacturing Industry” Dr. Kumar said electronics design and manufacturing industry to meet the country's needs and serve the international market, the National Policy on Electronics (NPE) has set up goals for 2020 to create an employment of 28 million, enhance exports from US$ 8 billion to US$ 80 billion and grow the chip embedded software industry.

Dr. Kumar said that cabinet has approved providing Digital Addressable System (DAS) throughout country by December 2014. The projected Market for Set Top Box in next 3-5 years is 200 Million units.
End
Source:Assocham
Email:***@gmail.com
Zip:110028
Tags:Business, Electronics, Announcements
Industry:Business, Electronics
Location:New Delhi - Delhi - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Assocham India PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share