Tech

The electronics and IT industry becomes a high employer in the country with sector friendly policies

The government is taking a slew of measures to promote the Electronics and Information Technology (IT) industry in the country which employs over 43 lakh persons in the IT sector and about 30 lakh persons in Electronics hardware manufacturing.

“As per the National Association of Software and Services Companies (NASSCOM), the Information Technology (IT) industry employs over 43 lakh persons in the country. As per the Confederation of Indian Industry (CII), employment in the Electronics hardware manufacturing industry in the country is estimated to be about 30 lakh persons,” according to a statement by the Ministry of Electronics and Information Technology in reply to a question in Lok Sabha.

“As a result of various initiatives of the Government including the Phased Manufacturing Programme (PMP), India has become a promising center for mobile phones and their sub-assemblies and parts manufacturing in recent years. The production of mobile phones has gone up significantly from around 6 crore units valued at INR 19,000 crore in 2014-15 to around 33 crore units valued at INR 2,14,000 crore in 2019-20,” it said.

“As per Industry estimates, over 200 units are manufacturing mobile phones and their sub-assemblies / parts in the country, up from only 2 units manufacturing mobile phones in 2014. Most of the major brands (both foreign and Indian) either have already set up their own manufacturing facilities or are in the process of doing so or have sub-contracted manufacturing to Electronics Manufacturing Services (EMS) companies operating from the country,” it added.

“The promotion of electronics hardware manufacturing, including manufacturing of mobile phones and their sub-assemblies / parts, is one of the important pillars of both the “Make in India” and “Digital India” programs of the Government of India. The measures taken by the Government to promote electronics hardware manufacturing, including setting up of mobile phone manufacturing factories in the country,” it added further.

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