Electronics PLI: Local design a must, daily progress calls likely: Ashwini Vaishnaw

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Electronics PLI: Local design a must, daily progress calls likely: Ashwini Vaishnaw
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Union Electronics and IT Minister Ashwini Vaishnaw has asked companies participating in the Electronics Component Production-Linked Incentive (PLI) scheme to sharply increase focus on local design capabilities, domestic sourcing, and global quality benchmarks, signalling tighter monitoring as the government scales up its electronics manufacturing push.

Addressing the electronics component industry, Vaishnaw said companies must build and strengthen design teams within India and reduce dependence on imports by targeting higher levels of local sourcing….



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Electronics PLI: Local design a must, daily progress calls likely: Ashwini Vaishnaw

, Published By CNBCTV
Electronics PLI: Local design a must, daily progress calls likely: Ashwini Vaishnaw
TechWorld News


Union Electronics and IT Minister Ashwini Vaishnaw has asked companies participating in the Electronics Component Production-Linked Incentive (PLI) scheme to sharply increase focus on local design capabilities, domestic sourcing, and global quality benchmarks, signalling tighter monitoring as the government scales up its electronics manufacturing push.

Addressing the electronics component industry, Vaishnaw said companies must build and strengthen design teams within India and reduce dependence on imports by targeting higher levels of local sourcing….



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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Previous News
Indian Startup Funding — Startups Raised $104 Mn This Week
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Uber rewrites driver contracts to limit impact of UK taxi tax: Report
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