Electronics sector to witness massive job growth under new PLI scheme: Ashwini Vaishnaw

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India’s electronics sector is set for a massive employment boost, with the government targeting 60 lakh jobs under the recently approved production-linked incentive (PLI) scheme for electronics components manufacturing. This marks a significant jump from the current 25 lakh jobs in the sector.

“The most important aspect of electronics manufacturing is its employment potential,” said Ashwini Vaishnaw, Minister of IT & Electronics. “We are now aiming towards 60 lakh employment potential.”

On Friday, the Union Cabinet approved the PLI scheme…



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Electronics sector to witness massive job growth under new PLI scheme: Ashwini Vaishnaw


India’s electronics sector is set for a massive employment boost, with the government targeting 60 lakh jobs under the recently approved production-linked incentive (PLI) scheme for electronics components manufacturing. This marks a significant jump from the current 25 lakh jobs in the sector.

“The most important aspect of electronics manufacturing is its employment potential,” said Ashwini Vaishnaw, Minister of IT & Electronics. “We are now aiming towards 60 lakh employment potential.”

On Friday, the Union Cabinet approved the PLI scheme…



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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