India's electronics manufacturing can gain from China's loss, says Prasad

IT and BPO firms to get work from home exemption for staff till July 31, says Ravi Shankar Prasad

China’s loss could be India’s gain in the ongoing pandemic, according to Minister of Electronics and Information Technology (MeitY) Ravi Shankar Prasad, who held a videoconference with state information technology (IT) ministers on Tuesday.
 

Prasad said India has the opportunity to promote electronics manufacturing and urged states to work towards attracting investments. As more and more manufacturers look to shift base from China, India’s recent electronics incentives could become an attraction for them.
 

India’s recently announced production linked incentive 2.0, electronics manufacturing clusters, and scheme for promotion of manufacturing of electronic components and semiconductors, are schemes with a project outlay