Industries in Pune recovering from lockdown losses
April 01, 2021
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The survey conducted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), Pune found that 48 per cent of the surveyed companies said that their production has reached pre-Covid levels.
While 19 per cent of the respondents said that they expect their production levels to go back to the pre-Covid levels in less than three months. About 16 per cent of the respondents said they expect it to take between three to six months and 17 per cent said it would take more than six months.
This is the twelfth survey conducted by MCCIA during the Covid times. Over 100 organisations participated in this survey from Pune District.
‘More incentives in the offing for electronics manufacturing’
March 02, 2021 The government is offering financial support of $25 billion for making India a global hub for electronics manufacturing and some schemes are expected to come out soon amounting to be $5 billion said Atif Khan, a scientist with the Ministry of Electronic and Information Technology.
Khan was speaking at the Pune International Business Summit organised by Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA).
Electronic sector growing
“There is two and a half times growth in domestic electronic production in five years and the cumulative domestic electronic production was nearly $29 billion in 2014-15 which increased to $74 billion in 2019-20” said Khan. “ Our target for the domestic electronic market is to reach $400 billion by 2025, mobile phone market to $190 billion and PC and tablets to $40 billion” he said.