NATIONAL : ‘Make in India’ initiative has steadily contributed to the growth of the electronics sector, fostering increased domestic production, improving technological capabilities, and supporting the vision of Atmanirbhar Bharat. On the 10th anniversary of the Make-in-India (MII) campaign, S. Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), highlighted the tremendous impact of initiative on India’s Electronics sector. He emphasized that electronics has emerged as one of the most impactful sectors.

Secretary of MeitY highlighted, India at the beginning of this period, in 2014 -15, was 1.9 lakh crore and today it has reached 9.52 lakh crore with an annual compounded growth rate of 17.4%, significantly faster than the rest of the sectors of economy. Exports from India in the electronics manufacturing sector have also risen substantially from about ₹38,263 crore, that is USD 5.7 billion in 2014-15 to ₹2.41 lakh crore, or approximately USD 29.1 billion at the CAGR of 22.7%. This is also significantly faster than the growth of other export sectors.