The Government will soon launch Electronics Manufacturing Policy in the country. Talking to reporters in New Delhi today,Minister for Communications and Information Technology Kapil Sibal said that the dialogue is on with the planning commission and the policy is expected to be launched by the end of this month. Replying to a question about IT policy, Mr. Sibal said it will be finalised in the next two to three weeks.
Earlier, Mr. Sibal presided over the renaming function of the Department of Information Technology, DIT, which is now the Department of Electronics and Information Technology, DEITY. He said that the government will set up two Fabrication units in the country to give further boost to electronics.
Mr. Sibal said that the government is committed to make electronics a robust sector . The minister said that the Centre will put policies in place to satisfy global environment and encourage investment in the sector.
Mr. Sibal said electronic sector aims to achieve a turnover of about 400 Billion US Dollars, involving investment of about 100 Billion US Dollars and employment to around 28 million by 2020. Besides, it is proposed to set up over 200 Electronic Manufacturing clusters and significantly upscale high-end human resource creation to 2500 PhDs annually during the same period in the sector.