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Tuesday, December 24, 2024 | 12:12 AM ISTEN Hindi

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Govt's new electronics policy banks heavily on mobile manufacturing

Government aims to generate Rs 13 trillion from handset sector by 2025 - half of the total target

Handset
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Tax rate on imported handsets and locally manufactured ones will be almost at par, neutralising incentives for local manufacturing

Arnab Dutta New Delhi
The recently approved National Policy on Electronics, 2019 (NPE 2019) is heavily dependent on the success of the handset manufacturing ecosystem in the country. The NPE 2019, approved by the union cabinet on Tuesday, has set an ambitious target of manufacturing goods and offering services worth Rs 26 trillion by 2025 and half of it is expected to come from a robust mobile handsets sector.

The new policy for the electronics sector that will replace the existing NPE in force since 2012, envisages giving a boost to Electronics System Design and Manufacturing (ESDM) by promoting domestic manufacturing and exports in

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