💨 Abstract

The Indian cabinet has approved a $2.68 billion plan to enhance electronics components manufacturing, aiming to create nearly 92,000 jobs and boost production for sectors like telecoms, automobiles, and power. The plan includes employment-linked incentives and follows a five-fold increase in domestic electronics production and six-fold growth in exports between 2014/15 and 2023/24.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖