MeitY eyes to achieve $150 billion through components manufacturing: S Krishnan

NEW DELHI: The government has set a goal to achieve $150 billion through components manufacturing and imports of the total $500 billion electronics manufacturing target by 2030.

“We have a $500 billion goal, and a significant proportion of it, almost $150 billion, is to be met through component manufacturing and component exports. We need to be globally competitive,” S Krishnan, Secretary, Ministry of Electronics & IT, Monday said.

Further, he said that the scheme is “not built behind tariff laws.”