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

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

Talking at a operate in Bengaluru, the minister mentioned the nation is at this time at an inflection level — probably the most thrilling interval in its historical past — and the current technology of scholars is the luckiest technology within the impartial India’s historical past.

“…goal of the Narendra Modi Authorities is to extend electronics manufacturing functionality to Rs. 24 lakh crore by 2025-26, which will 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, during which younger Indians are taking part in an enormous 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 in regards to the Silicon Valley Bank disaster and the Indian authorities’s function to mitigate the woes of startups, Chandrasekhar mentioned, “The Indian banking system is way more resilient and stronger compared to another nation’s banking system. Startups ought to subsequently go for Indian banks as their most well-liked banking companions.”


After going through headwinds in India final 12 months, Xiaomi is all set to tackle the competitors in 2023. What are the corporate’s plans for its vast product portfolio and its Make in India dedication within the nation? We focus on this and extra on Orbital, the Devices 360 podcast. Orbital is offered on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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