Electronic and smartphone manufacturing alone will contribute $ 1 trillion by 2025: Union Minister Ravi Shankar Prasad
December 19, 2020
Ravi Shankar Prasad, Minister of elecommunications and IT. - BusinessLine× Union Minister of Law and Justice, Electronics and Information Technology and Communications Ravi Shankar Prasad stated that there is a robust future for the manufacturing of electronics and smartphone sector in India during the ASSOCHAM (The Associated Chambers of Commerce and Industry of India) Foundation Week.
Speaking at the event, he said: “We have come a long way from the just two factories in 2014 to 250 manufacturing factories today. By proper scaling of the manufacturing, the sector alone can contribute $1 trillion towards fulfilling the dream of achieving the $5 trillion economy.”