National Electronic Policy 2019 to boost manufacturing, drive exports

Industry experts believe that the National Electronic Policy 2019, passed last week by the Union Cabinet, can provide an impetus to Make in India (MII) and its efforts to become a global hub for Electronic System Design and Manufacturing (ESDM), apart from making electronics sector more competitive.

“The policy offers significant support for the electronics sector. It is export focussed and aims to take Indian electronic manufacturing to the next level. As a rising economy, and the world’s largest market for mobile phones, India sadly does not have a competitive electronics sector. This policy aims at ensuring Indian manufacturing in the electronics sector gets its rightful place,” Lloyd Mathias, senior technology executive and former Asia Marketing Head of HP, told BusinessLine.