The industry can achieve $109 billion in exports from India if the government provides 6% incentive to it. Without support, the same is estimated to fall to $4 billion
NEW DELHI: The India Cellular and Electronics Association (ICEA), which includes Lava, Apple India, and Micromax as members, has sought incentives from the government to manufacture printed circuit boards (PCBs) in India. In a report calling for making India a global hub for PCBs, the industry body said it could present a $100 billion export opportunity for the country over the next five years, given the right incentives.
According to the report, the industry can achieve $109 billion in exports from India if the government provides 6% incentive to it. Without support, the same is estimated to fall to $4 billion, the report states.
Source: livemint
