Our technology products now globally respected: Vaishnaw

India’s electronics manufacturing and export have grown multi-fold in the last decade driven by policies and incentives, and the Made-in-India products now command global recognition given their reliability and respect for IP rights, Union Minister Ashwini Vaishnaw said on Friday.

Inaugurating VVDN Technologies’ SMT (Surface Mount Technology) Line at Manesar, the Minister noted that electronics manufacturing in India has risen 5-fold in the last decade topping `11 lakh crore. Exports have grown 6 times during this period, crossing `3.25 lakh crore. The entire ecosystem has spurred 25 lakh jobs, Vaishnaw, Minister for Electronics and IT said. “In global market, Indian products, given their reliability and respect for IP (intellectual property) rights, have an advantage, and it is being recognised globally,” he said.