Government, Industry Brainstorm Roadmap for $150 Billion Electronics Exports

The Government of India has begun consultations with industry stakeholders to prepare a roadmap for achieving $150 billion in electronics exports by 2030. 

The discussions took place during a Chintan Shivir, bringing together government officials, industry representatives and export bodies to identify measures that can accelerate export-led growth in the electronics sector. 

Focus on Global Value Chains 

Addressing the gathering, Commerce Secretary Rajesh Agrawal said the global electronics industry is increasingly driven by global value chains (GVCs). He noted that India's policy framework must provide "predictability and stability" to encourage global manufacturers to expand their presence in the country. 

He also observed that policies designed for domestic manufacturing may differ from those required to support export-oriented production. The Chintan Shivir, he said, was organised to develop "tangible, balanced and actionable policy recommendations" for all stakeholders. 

Roadmap for Electronics Exports 

Presentations during the event focused on India's strategy to achieve the $150 billion electronics exports target by 2030. 

The discussions explored ways to strengthen the country's export ecosystem while improving its integration into global manufacturing networks. 

MSMEs and Trade Facilitation 

Participants highlighted the need to integrate MSMEs into global value chains, which account for nearly 90% of global electronics trade, enabling smaller businesses to grow as suppliers to large manufacturers. 

The deliberations also covered harmonisation of HS Codes and stronger coordination with Customs authorities to reduce product misclassification and facilitate smoother exports. 

Industry Participation 

The event was attended by officials from the Commerce Ministry, representatives of the Central and State Governments, Export Promotion Councils and industry leaders. 

Major companies participating included Apple, Samsung, Amber Enterprises, Dixon Technologies, Micromax, Tata Electronics, Aequs, Foxconn and boAt. 

Read More: India, Afghanistan Review Trade, Connectivity and Farm Cooperation During Bilateral Talks! 

Conclusion 

The consultations brought together policymakers and industry participants to identify measures that can strengthen India's electronics manufacturing ecosystem, deepen integration with global value chains and support the country's long-term export ambitions.   

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