India targets Rs. 24 Lakh Crore Electronics manufacturing capacity by 2026: MoS IT

The government aims to increase the electronics manufacturing capacity to Rs. 24 lakh crore by 2025-2026, which will also help create more than 10 lakh jobs, the Minister of State for Health said on Friday. electronics and computer science Rajeev Chandrasekhar.

Speaking at a reception in Bengaluru, the minister said the country is now at an inflection point – the most exciting time in its history – and the current generation of students is the generation luckiest in the history of independent India.

“…the Narendra Modi government’s target is to increase electronics manufacturing capacity to Rs. 24 lakh crore by 2025-2026, which will also help create more than 10 lakh jobs,” said an official statement, quoting him.

He said there are more than 90,000 startups, including 110 unicorns, in which young Indians play a big role.

The Minister said that at least 15 lakh Indian youths from Karnataka will receive training on future industry skills.

“Remembering ‘Appu’ (famous Kannada actor Puneeth Rajkumar, as he was commonly known) on his birthday, Rajeev Chandrasekhar said the day was celebrated as ‘Spoorti Dina’ or Inspiration Day, and that the “The occasion couldn’t be more conducive to discuss IndiaTechade opportunities with students,” the statement read.

Asked about the Silicon Valley Bank crisis and the Indian government’s role in mitigating startup woes, Chandrasekhar said, “India’s banking system is much more resilient and stronger than the banking system of any other country. Startups should therefore opt for Indian banks as preferred banking partners.”