India’s growing electric vehicle (EV) industry presents a huge opportunity to the country’s manufacturers of electronics and electronic components. Keen to cater to the component requirements of EV makers, they are seeking adequate policy support from the government.
At present, the zero-duty policy for certain products supports imports. The industry lobby Electronic Industries Association of India (ELCINA) is pushing the idea of reducing import dependence through ‘Make in India’.
The domestic electronics manufacturers are already supplying various components to the automobile industry, which uses more than one processing unit as part of its intelligent control of the vehicle. They might