India courts Taiwan’s electronics and hardware cos to ‘Make in India’

Hindustan Times
Date: Apr 19, 2015
By: M Rajendran, Hindustan Times, New Delhi

China may be the global electronics factory, but it is neighbouring Taiwan that India is increasingly looking at to drive its ‘Make in India’ initiative.

A team led by secretary electronics and information technology RS Sharma went to Taiwan in March, and met a few major companies. The delegation will soon undertake a follow-up visit.

“A number of proposals have been given final shape. We hope to firm up a few contracts with Taiwanese companies for setting up telecom and electronic manufacturing units in India,” a top official in communications ministry told HT.

India currently imports electronic products worth $100 billion annually, setting of concerns among policymakers that the digital inclusion plans may have to be aided entirely by imported devices. Last year, the government launched the plan to set up clusters for manufacturing of electronics goods with an incentive scheme: the government would add Rs 25 to every Rs 100 that an electronic producer invested in these clusters.     [FULL  STORY]

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