Prasad's meeting with electronics industry leaders postponed
- Country:
- India
IT Minister Ravi Shankar Prasad's meeting with the CEOs of electronics companies scheduled to be held on August 19 has been postponed, according to a source. The meeting is now likely to be held on September 16, 2019.
While no official reason was given for the last minute change in the schedule, an official privy to the development said that more time has been given to ensure a wider participation from the industry and make the deliberations more meaningful. The meeting, earlier slated for August 19, was to discuss the industry's concerns and deliberate on measures to boost sectoral growth and improve export prospects.
The IT Ministry had called the industry's top brass, including heads of companies like Apple, Samsung, Flextronics, Foxconn, Dell, Ericsson, Intel and others, for the meeting. Earlier this year, the Cabinet approved a new electronics policy which aims to create a USD 400 billion (around Rs 28.43 lakh crore) electronic manufacturing ecosystem by 2025 and generate one crore jobs in the country.
The National Electronics Policy 2019 proposes to boost mobile manufacturing in the country to 1 billion units worth USD 190 billion (about Rs 13 lakh crore) of which 600 million units worth USD 110 billion (about Rs 7 lakh crore) will be exported from the country.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Apple doubles iPhone production in India diversifying from China: Report
New Partnership: Infosys and Intel collaborate to accelerate enterprise growth with Gen AI
Infosys, Intel team up to drive enterprise growth with Gen AI
Infosys and Intel expand partnership to help democratize AI
Apple warns users in 91 countries, including India, of Pegasus-like 'mercenary spyware' attacks