Beyond mobile manufacturing: Why the Budget needs to go high-tech

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Beyond mobile manufacturing: Why the Budget needs to go high-tech - Economic Times

Quick Summary:

Experts call out for more strategic thinking and policy initiatives in the Budget that can make India a top global technology manufacturing outfit.

India can elevate its standing in global exports by branching out into high-tech manufacturing, which holds a lot of potential for growth.

Subramaniam calls for dedicated industry hubs to bolster the tech manufacturing ecosystem.“Launching an integrated scheme (on the lines of the PLI) covering the value chain from R&D to manufacturing for specific sub-sectors – for example, moving beyond mobile phones and tablet manufacturing to IoT products can be an enabler for India’s manufacturing segments on quality and productivity.