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In a significant development in the Indian technology sector, the government has announced new policies to boost the manufacturing of electronic devices in the country. The move is aimed at attracting more investments in the electronics industry and reducing the country’s reliance on imports. With the global demand for electronic products on the rise, India has the potential to become a major manufacturing hub for electronics. The new policies include incentives such as production-linked incentives (PLI) for electronics manufacturers and a scheme to promote the manufacturing of electronic components. These initiatives are expected to create job opportunities, boost the economy, and enhance India’s position in the global electronics market. The government’s focus on promoting domestic manufacturing aligns with its vision of making India a self-reliant nation. Industry experts have welcomed the new policies, stating that they will provide a much-needed impetus to the electronics manufacturing sector in India. As the country aims to become a key player in the global electronics industry, these initiatives are crucial in driving growth and innovation. By encouraging more companies to manufacture electronic devices in India, the government is paving the way for a more sustainable and competitive electronics ecosystem in the country. With these new policies in place, India is poised to emerge as a significant player in the global electronics market, attracting investments and creating a conducive environment for manufacturing electronic devices.

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