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India’s Investment in electronics manufacturing sector crosses Rs 1.28 lakh crore

23 Mar 2016 Evaluate

India has got investments over Rs 1.28 lakh crore in electronics manufacturing sector. Communications and IT Minister Ravi Shankar Prasad speaking at the Digital India summit has said that government was working towards making India a hub for electronics manufacturing, in which the Centre and states have to play a crucial part, he cited that when this government came in 2014, the total investment in electronics manufacturing was around Rs 11,700 crore and as now it is Rs 1,28,000 crore plus.

Prasad further said that the government's aim is to not only create a digital enabled society, but also a digitally- empowered and enlightened India. He added that India is fast adopting technology and the country is likely to have half a billion Internet users by the end of this year. He also said that Indians first watch technology, then they adopt it, then start enjoying it and then they become enlightened and empowered.

The communication minister said that today India has a billion plus mobile phone users, 990 million have Aadhaar card. Government has saved close to Rs 50,000 crore by directly giving subsidy to Aadhaar-enabled bank accounts. He also noted that while it took 2.5-3 years for Internet users to go from 200 to 300 million. It has taken a year to reach 400 million. He further said that when all gram panchayats are linked through the broadband network, then e-business, e-education, e-health and other projects can be started in villages.