Union Minister of State for Electronics and IT Rajeev Chandrasekhar said the government has set the target to increase electronics manufacturing capability to Rs 24 lakh crore by 2025-26.
Centre targets Rs 24 lakh cr electronics manufacturing capacity by 2026: Union Minister Rajeev Chandrasekhar
Addressing a gathering of students in Bengaluru as part of the ‘New India for Young India Initiative’, the minister said that young Indians are driving the country’s progress in India’s ‘Techade’.
The IT Minister said that the government’s initiative to increase electronics manufacturing will help create over 10 lakh jobs in the country.
“There are more than 90,000 startups, including 110 unicorns, in which Young Indians are playing a big part,” he said.
He informed that 15 lakh young Indians from Karnataka will be given training in industry-relevant future-ready skills.
Recently, the Centre approved another tranche of production-linked incentive (PLI) scheme worth Rs 765 crore for large-scale electronics manufacturing, including Apple iPhone chip maker Wistron.