‘Destination of $ 300 billion India to take China, Vietnam – News2IN
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‘Destination of $ 300 billion India to take China, Vietnam

'Destination of $ 300 billion India to take China, Vietnam
Written by news2in

New Delhi: Indian counterattack in China and Vietnam in electronic creation is set to get additional fires.
The target was $ 300 billion in the output for the next four years, including $ 120 billion provided for export; Expansion of baskets for incentives; Large industrial zones made specifically with modern facilities; And permission for factories that can accommodate as many as 1 lakh worker with dormitories, kitchens, medical set-ups, and housing complexes.
The plan is to provide a scale for electronic manufacturing manufacturing which will eventually lead to the creation of a strong eco supplier system, massive work opportunities, and global service.
IT and Electronic Minister Ashwini Vaishnaw and Junior Minister Rajeev Chandraskhar presents’ Vision 2.0 ‘documents’, prepared by their ministries and presented by the Indian Cellular & Electronics Association through the Mohindroo PANKAJ chairman.
Vaishnaw said that the government, who had carried out nearly $ 17 billion over the next six years in four incentive schemes (PLIs and linked designs) (semiconductors and designs; smartphones; IT hardware, and components) will come out with more categories where The benefits will be expanded for local manufacturing.
This tends to include gravestones and can be used, industrial and automatic electronics, and telecommunications equipment.
The government wants the allegations to come not only from global players such as Taiwan Foxconn and Wistron (both Apple contract manufacturers) and Samsung Korea, but also from ‘domestic champions’ such as Optiemus, Dixon, and Lava.
Vaishnaw said he had spoken with the Ministry of Manpower on issues in preparing large factories that could have as many as one lakh employee, and had a housing complex for workers.
Also, he said that his services identified land to build a broad integrated manufacturing zone (up to 1,000 hectares) with all necessary facilities such as land, power, road, and built-in connectivity, very in line with what was given in China and Vietnam.
Industry welcome proposals.
“The plug-and-play model is indeed welcomed.
It takes concerns around land acquisition, road and infrastructure, power, and connectivity,” said Sunil Vachhani, said Chairman Dixon.
Lava chairman Rai Day also said that local companies must go global when expanding manufacturing in India.
Minister Chandrasekhar said the growth of digital consumption and the diversification of global value chains would help reach the target.
China striking with absenethe mega meet local and global electronic makers do not have Chinese players as participants or speakers.
Ask what role is India seen for Chinese in Indian electronics manufacturing, Minister of Junior & Electronic Chandrasekhar said, “We do not have a certain view …
the concept of trust value chain is an important attribute in the post-covid world in the post-covid world and what investment Even and every investment partner that meets the trust criteria can produce.

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