26/02/2019 - Government Policies

KEY POINTS

Salient features of National policy of electronics 2019

·        Create eco-system for globally competitive Electronic System and Design Manufacturing (ESDM) sector: Promoting domestic manufacturing and export in the entire value-chain of ESDM.

·        Provide incentives and support for manufacturing of core electronic components.

·        Promote Industry-led R&D and innovation in all sub-sectors of electronics, including grass root level innovations and early stage Start-ups in emerging technology areas such as 5G, loT/ Sensors, Artificial Intelligence (Al), Machine Learning, Virtual Reality (VR), Drones,   Robotics,   Additive   Manufacturing,   Photonics,   Nano-based devices, etc.

·        Create Sovereign Patent Fund (SPF) to promote the development and acquisition of IPs in ESDM sector.

·        Promote trusted electronics value chain initiatives to improve national cyber security profile.

Existing concerns

·        High labour costs.

·        High imports of electronic items.

·        Lack of scientific human resource pool.

·        Holding back R&D investment by industry

·        Lack of semi-conductor manufacturing necosystem.

For better development of the Industry

·        Producing quality, skilled Engineers with help of TEQIP(Technical quality education improvement programme) programme.

·        Robust R&D is a pre-requisite to move up the value chain. 

·        Improving Industry academia interface.

·        The State could consider promoting R&D institutions through the PPP route, so that market orientation as well as long-term priorities go hand in hand.

·        The semiconductor is the heart of any electronic product and getting a global player to start manufacturing it in India will be the key to the Make in India vision.

Kindly Review. Thanks!!

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