The electronics repair market in India can help generate over five million direct jobs, with a potential to generate revenues of $20 billion per annum, a new report has emphasised.According to MAIT, the apex body representing the ICT and .
Synopsis
The PLI Scheme can make a difference to electronic manufacturing in India, but states have to get their act together.
The disconnect between the Centre and different states is an issue which was highlighted by MAIT.
While hailing the government’s PLI scheme, the industry body MAIT (Manufacturers’ Association for Information Technology) has advocated the need for increased Ease of Doing Business (EoDB) at different state levels.
PLI is a well laid out strategy that pushes manufacturers to revisit their supply chain domestically and aspire for export-led growth, Nitin Kunkolienker, president, MAIT, said at its Electronics Manufacturing Summit held on Thursday.
India s domestic PCBA demand to hit $81.5 bn by 2025-26: Report
By IANS |
Published on
Fri, Feb 12 2021 17:57 IST |
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New Delhi, Feb 12 : India s domestic Printed Circuit Board Assembly (PCBA) market demand is set to touch $81.5 billion by 2025-26, while the global PCBA demand is expected to grow to $330 billion by the same time, said a new report on Friday.
At the same time, India can export PCBAs up to $100 billion on the back of good incentives to overcome the cost disabilities, said the report by Manufacturers Association for Information Technology (MAIT).
The growth of the electronics industry in Asia has been marked by the growth of PCBA manufacturing.
IT hardware makers urge the government to allocate Rs 20,000 crore under the production-linked incentive scheme, to boost manufacturing of personal computers, tablets and servers in the country. The proposed amount of around Rs 7,000 crore is insignificant for global players to relocate their facilities to India, said industry body MAIT. The Manufacturers Association of Information Technology (MAIT), whose members include Apple, Dell, HP and Lenovo, wants the government to address various disabilities that the sector faces including improvement in export infrastructure to support growth under the PLI scheme. MAIT President Nitin Kunkolienker told PTI, We are looking for higher funds for the PLI scheme. For laptops, servers, etc, the government has just proposed Rs 7,325 crore.
‘India has potential to export double of the domestic consumption worth $100 billion’
January 20, 2021
Govt must start an Electronic Manufacturing Mission and promote industry-academia collaboration: Nitin Kunkolienker, President, MAIT
India needs to strengthen its port sector by ensuring proper connectivity to the national highways to spur growth in the electronics manufacturing and export of final goods.
“Besides connecting ports in the country well, we need to establish good connectivity with global port hubs such as Salalah in order to get access to the markets in Africa and the Gulf region,” Nitin Kunkolienker, President of MAIT (Manufacturers’ Association of Information Technology), told