India methodically building own electronics capabilities: Ashwini Vaishnav

India is developing “its own capabilities” in electronics manufacturing in a “very methodical and sustained way” and is poised to achieve its value-addition target of 38% within the next five years, said Ashwini Vaishnaw, union minister for electronics and IT, railways and information and broadcasting.

Currently, China’s value addition stands at about 38%. The minister was responding to queries on reports of Apple’s key supplier Foxconn repatriating about 300 Chinese engineers from its factories in India.