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‘Building electronics capabilities in a sustained way’: Ashwini Vaishnaw says India to hit 38% value add compared to China in 5 years

  • India is working towards enhancing its electronics manufacturing capabilities to reduce reliance on China.
  • The country aims to achieve a value addition of 38% within the next five years, comparable to China's levels.
  • Efforts are focused on developing local skills and supply chains to 'de-risk' and strengthen the electronics ecosystem.
  • Initiatives like the India Semiconductor Mission and components incentive program are supporting the growth of India's electronics sector.

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