ICEA to help UP become a global IT and electronics manufacturing hub
The India Cellular and Electronics Association (ICEA) on Friday signed a memorandum of understanding (MoU) with the UP government to facilitate investments as the electronics manufacturing and skill hub to cater to domestic demand and exports.
The government has set a target to achieve $300 billion of electronics manufacturing by 2025-26, out of which $75-100 billion of electronics manufacturing is expected from Uttar Pradesh.
“Uttar Pradesh already has more than 60 per cent of total manufacturing units of mobile phones and components. We are confident that with strategic outreach and support, UP can witness accelerated investments and growth of electronics system design and manufacturing (ESDM) units,” said Pankaj Mohindroo, Chairman, ICEA.