Electronic products policy will now focus on exports – Feedback

NITI Aayog, the government’s premier think tank, has junked its first dedicated ‘Make in India Strategy for Electronic Products’ and has floated another policy that is more export-oriented and favours developing coastal economic zones.

The previous policy paper had faced opposition from the Ministry of Electronics & Information Technology as well as reservations from other stakeholders mainly because of its domestic focus and its emphasis on semiconductors. “They had floated a policy paper once that never went forward since many people had reservations on it,” a senior ministry official told ET on condition of anonymity. The official added that the ministry is, however, fully supportive of the second draft paper submitted by the think tank. “They are talking of port-based electronic manufacturing clusters. They seem to have discussed it with the industry and then floated the paper. It’s a good paper, which nicely analyses the prospects. We are fully supportive of it. However, it is still a policy paper and may take some time to take shape,” the official said.

http://economictimes.indiatimes.com/news/economy/policy/electronic-products-policy-will-now-focus-on-exports/articleshow/54887113.cms

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