India Aims Rs. 24 Lakh Crore Electronics Manufacturing Capability by 2026: MoS IT



The authorities goals to extend electronics manufacturing functionality to Rs. 24 lakh crore by 2025-26, which may even assist create over 10 lakh jobs, Minister of State for Electronics and IT Rajeev Chandrasekhar mentioned on Friday.

Speaking at a perform in Bengaluru, the minister mentioned the nation is at the moment at an inflection level — essentially the most thrilling interval in its historical past — and the current technology of scholars is the luckiest technology within the unbiased India’s historical past.

“…goal of the Narendra Modi Government is to extend electronics manufacturing functionality to Rs. 24 lakh crore by 2025-26, which may even assist create over 10 lakh jobs,” an official assertion quoted him as saying.

He mentioned that there are greater than 90,000 startups, together with 110 unicorns, by which younger Indians are taking part in a giant half.

The minister mentioned that at the least 15 lakh younger Indians from Karnataka will likely be given coaching in business related future-ready abilities.

“Remembering ‘Appu’, (the favored Kannada actor Puneeth Rajkumar as he was generally referred to) on his birthday, Rajeev Chandrasekhar mentioned the day is noticed as ‘Spoorti Dina’ or Inspiration Day, and that the event couldn’t be extra apt to debate alternatives in IndiaTechade with college students,” the assertion mentioned.

To a question concerning the Silicon Valley Bank disaster and the Indian authorities’s function to mitigate the woes of startups, Chandrasekhar mentioned, “The Indian banking system is far more resilient and stronger compared to another nation’s banking system. Startups ought to due to this fact go for Indian banks as their most well-liked banking companions.”


After going through headwinds in India final yr, Xiaomi is all set to tackle the competitors in 2023. What are the corporate’s plans for its broad product portfolio and its Make in India dedication within the nation? We talk about this and extra on Orbital, the Gadgets 360 podcast. Orbital is obtainable on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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