Niti suggests incentives, tax tweaks for electronics push

India needs to significantly overhaul the import tariffs, provide fiscal incentives and work out schemes to become a significant player in the global value chain for electronics and grow the size of electronics manufacturing to $ 500 billion by 2030 from a little over $ 100 billion at present, according to a report by government think tank Niti Aayog.

Apart from fiscal support, the report also deals with the issue of skilling in the sector and easier visas for overseas workers and speeding up foreign direct investment proposals for countries sharing land border with India.

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