Ashwini Vaishnaw meets industry leaders to discuss PLI, EoDB for electronic sector

Minister for electronics and IT (MeitY) and MAIT, Ashwini Vaishnaw held extensive deliberations on the way forward to achieving the $300 billion electronics hardware manufacturing by 2026, on Monday.

The meeting was attended by industry captains of major global and Indian IT hardware companies. Among the leaders were captains from Acer, Dell, Cisco, Flex, HPE, Apple, HPI, Lenovo, Oppo, Samsung and Indian industry captains from Netweb, Sahasra (InfoPower), Tube Investments, Velankanni among others.

The industry deliberated steps required towards enabling this vision and how it can be fast forwarded. The discussion also dwelt into steps required to enable MSMEs to leverage this PLI driven growth and become the bedrock of the local electronic manufacturing ecosystem of India.

“Government and industry are closely working together to achieve our shared goal of $300 billion in the ESDM sector. We are committed to solving all issues and concerns that the industry brought up during today’s extensive meeting,” said Vaishnaw.

Speaking on the occasion Nitin Kunkolienker president of MAIT added that one of the Goals of PLI should be to nurture “MSMEs Indian brands”.