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National Policy on Electronics 2019 approved

National Policy on Electronics 2019 approved

The Union Cabinet approved the National Policy on Electronics 2019 (NPE 2019), proposed by the Ministry of Electronics and Information Technology (MeitY).

The Policy envisions positioning India as a global hub for Electronics System Design and Manufacturing – (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.

Features:

Promote Industry-led R&D and innovation in all sub-sectors of electronics, including grass root level innovations and early stage Start-ups in emerging technology areas such as 5G, loT/ Sensors, Artificial Intelligence (Al), Machine Learning, Virtual Reality (VR), Drones, Robotics, Additive Manufacturing, Photonics, Nano-based devices, etc.

Provide incentives and support for significantly enhancing availability of skilled manpower, including re-skilling.

Special thrust on Fabless Chip Design Industry, Medical Electronic Devices Industry, Automotive Electronics Industry andPower Electronics for Mobility and Strategic Electronics Industry.

Objectives:

Promote domestic manufacturing and export in the entire value-chain of ESDM for economic development to achieve a turnover of USD 400 billion by 2025.

This will include targeted production of 1.0 billion (100 crore) mobile handsets by 2025.

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