MSME sector in India can become a key player in electronics manufacturing; Secretary of MeitY suggests boosting domestic value-add to 35-40% in five years.

India's MSME sector can be a key player in turning India into a leading electronics manufacturing hub, says S. Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY). He recommends increasing domestic value-add in electronics from 18-20% to 35-40% in the next five years, and sees the potential of digitization as a game changer for MSMEs. MeitY is currently assessing the size of India's digital economy.

July 10, 2024
4 Articles