Telecom minister Ravi Shankar Prasad Monday said that the government has approved 21 electronic clusters while underlining that electronic manufacturing is on top of the government’s agenda.
“We have given in principle approval to 21 electronic clusters and electronic manufacturing is priority area for us,” Prasad said at the IESA and Nasscom MoU signing occasion.
Software lobby group Nasscom and the India Electronics and Semiconductor Association (IESA) that represents the electronics sector inked a Memorandum of Understanding to jointly work to boost the government’s Make in India and Digital India initiatives.
Through this partnership, both industry groups are aiming for IT and Electronic System Design and Manufacturing (ESDM) to contribute 25% of the country’s GDP by 2025 that could lead India to be among top five worldwide economies.
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