Ravi Shankar Prasad to talk sector issues with electronic industry CEOs

The government will meet CEOs of electronics and smartphone makers, including Apple and Samsung, on September 16 to discuss challenges being faced by them and incentives and schemes that can be offered to position India as the ‘electronics factory’ of the world.

The meeting comes at a time when India has set its sight on creating a $400 billion (around Rs 28.43 trillion) electronic manufacturing ecosystem by 2025.

Interestingly, India hopes to nudge the tech titans to deepen their manufacturing commitments, leveraging the country’s market appeal, talent pool, digital base and competitive labour costs, at a time when US-China trade tensions have flared up.