National Policy on Electronics 2019 (NPE 2019), proposed by the Ministry of Electronics and Information Technology, envisions positioning India as a global hub for Electronics System Design and Manufacturing - (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.
Emerging economies, backed by strengthening fundamentals around demographic dividend, disposable income and growing enterprises, have been a major impetus to this growth as well. The robust growth of India’s electronics industry is primarily driven by huge domestic demand for products that can be attributed to ....
