India should go up the value chain in electronics components manufacturing: MeitY Secy

Kolkata: India should move up the value chain in the manufacture of electronics components from the present levels of 15 per cent, a top official of the Ministry of Electronics and Information Technology (MeitY) said on Tuesday. S Krishnan, Secretary Ministry of Electronics and Information Technology said that even at 15 per cent value addition, the employment potential is immense and the government is prepared to support this endeavour by the entrepreneurs.

Speaking at the Merchants Chamber of Commerce and Industry here, Krishnan said “Electronics manufacturing in the country is an important part of the new policy of the government. Now the present level of value addition by Indian companies is 15 per cent. Work should be directed towards increasing this percentage and the government is prepared to support this”.