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India to produce & export 300 billion dollars’ worth electronic good by 2025/26

Tirupati: Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar said that the India was full geared to achieve the target of USD 300 billion worth of electronics manufacturing and exports by 2025-26.
Addressing a media conference here on Friday the Union Minister said to achieve the above goal Union government has set forth proactive policies, programs and guidelines to work in partnership with all states to support startups and entrepreneurs keen on investing in this sector.
Chandrasekhar was speaking on his visit to India’s first lithium cell manufacturing facility of Munoth Industries at the Electronics Manufacturing Cluster at Tirupati.
He said “it’s an honour and privilege to be on this blessed land of Tirupati – abode of Sri Venkateswara, one day before the birthday of our Prime Minister.
“Our vision is to edge past the target of USD 300 bn worth of electronic manufacturing and exports by 2025-26. It translates to Rs 25 lakh crores, 24 times more than what it was when PM Modi took over in 2014 – it was just Rs 1.10 Lakh crores,” he said.
Also present on the occasion were Lalchand Munoth, Chairman, Jaswant Munoth, Vice Chairman, Vikas Munoth, Managing Director and Sashi, Director. Minister Chandrasekhar also planted a sapling in the premises to mark his visit.
Later the Minister also visited the facilities of Dixon Technologies and United Telelinks located in the two EMCs. (UNI)

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