Union Minister Rajeev Chandrasekhar has said that under the leadership of Prime Minister Narendra Modi, the Government is working closely with Startups, Industry and Academia to create rapidly expanding server & IT Hardware manufacturing ecosystem in India. He said ‘Our ambitions are clear - a $300 billion Electronics industry and a $1 trillion Digital Economy by 2026.’
He also noted that the government will act as an enabler in catalysing India’s IT hardware ecosystem that includes data centres, servers, etc. The PLI scheme for IT hardware has been carefully designed this time with inputs from the industry. Chandrasekhar further said ‘India represents one of the fastest-growing consumer markets in the electronic manufacturing ecosystem as we have digitised our economy, Government and public services at an unprecedented rate.’ Rajeev Chandrasekhar also highlighted India’s significant growth in smartphone manufacturing.
