MeitY secretary says electronics components PLI in the works

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S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), on Monday said there is immense potential for growth in India’s power electronics sector and that Production-Linked Incentive (PLI) scheme for electronics components will be implemented soon.

Speaking at the Budget Verdict townhall event organised by CNBC-TV18, Krishnan said sustained focus is needed to take realise the potential of the power electronics segment.

Further, he said the government is working on ironing out the PLI scheme for electronics components and…



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MeitY secretary says electronics components PLI in the works



S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), on Monday said there is immense potential for growth in India’s power electronics sector and that Production-Linked Incentive (PLI) scheme for electronics components will be implemented soon.

Speaking at the Budget Verdict townhall event organised by CNBC-TV18, Krishnan said sustained focus is needed to take realise the potential of the power electronics segment.

Further, he said the government is working on ironing out the PLI scheme for electronics components and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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