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    Ashwini Vaishnaw meets industry leaders to discuss PLI, EoDB for electronic sector

    Synopsis

    The discussion also dwelt into steps required to enable MSMEs to leverage this PLI driven growth and become the bedrock of the local electronic manufacturing ecosystem of India.

    Ashwini Vaishnaw.
    The industry deliberated steps required towards enabling this vision and how it can be fast forwarded.
    Ashwini Vaishnaw, Minister for electronics & IT (MeitY), and industry body MAIT yesterday held extensive deliberations on the way forward to achieving the $300 billion electronics hardware manufacturing by 2026.
    "Government and industry are closely working together to achieve our shared goal of $300 billion in the ESDM sector. We are committed to solving all issues and concerns that the industry brought up during today’s extensive meeting,” said Vaishnaw.

    In the meeting with MeitY, the participants jointly reviewed incentives required to make PLI a grand success. The participants also deliberated on steps required towards enabling the PM's vision of Make in India.

    Nitin Kunkolienker, President of MAIT said that the meeting also focussed on weeding out regulatory and compliance related challenges being faced by the Industry to enable ease of doing business. On MAIT's proposal for electronic hardware repair, refurbishment and calibration services being the next sunrise sector for India, he said that the the minister has appreciated the proposal and has asked all stakeholders to work together to take it forward.

    The meeting was attended by industry captains of major global and Indian IT hardware companies. Among the leaders were officials from Acer, Dell, Cisco, Flex, HPE, Apple, HPI, Lenovo, Oppo, Samsung and Indian industry captains from Netweb, Sahasra, Tube Investments, Velankanni, among others.
    ( Originally published on May 31, 2022 )
    The Economic Times

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