Government targets 80% local value addition in IT gear in 5-10 years

The government has started discussing ways in which global electronics and IT hardware companies can increase the local value addition in products that are assembled in India to 60-80% in the next five-ten years, people aware of the development told ET.

A primary request of the government is that industries operating in India look to implement new production techniques, such as surface-mount technology (SMT) lines, to step up the local value-addition percentage, one of the people said.