{"id":825227,"date":"2024-06-24T09:02:05","date_gmt":"2024-06-24T03:32:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=825227"},"modified":"2024-06-24T09:05:02","modified_gmt":"2024-06-24T03:35:02","slug":"cii-says-electronic-component-manufacturers-need-govt-aid","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/24\/cii-says-electronic-component-manufacturers-need-govt-aid\/","title":{"rendered":"CII says electronic component manufacturers need govt aid"},"content":{"rendered":"<p>Industry body CII has demanded that the government provide 6-8% fiscal support for select electronic components and sub-assemblies for a period of eight years to help strengthen the domestic manufacturing sector and curb imports. <\/p>\n<p>The Confederation of Indian Industry (CII), in a report, stated that the demand for electronic components and sub-assemblies would grow to $240 billion to support $500 billion of production by 2030 from $45.5 billion to support $102 billion production in 2023. \u201cPriority components and sub-assemblies, includingPCBAs (printed circuit board assembly), are projected to grow at a robust CAGR of 30%, reaching $139 billion by 2030,\u201d according to the report on \u201cdeveloping India as the manufacturing hub for electronics components and sub-assemblies\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industry body CII has demanded that the government provide 6-8% fiscal support for select electronic components and sub-assemblies for a period of eight years to help strengthen the domestic manufacturing sector and curb imports. The Confederation of Indian Industry (CII), in a report, stated that the demand for electronic components and sub-assemblies would grow to $240 billion to support $500 billion of production by 2030 from $45.5 billion to support $102 billion production in 2023. \u201cPriority components and sub-assemblies, includingPCBAs (printed circuit board assembly), are projected to grow at a robust CAGR of 30%, reaching $139 billion by 2030,\u201d according [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-825227","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=825227"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/825227\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=825227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=825227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=825227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}