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NATIONAL POLICY ON ELECTRONICS (Strategy outlined in the NPE 2019…
NATIONAL POLICY ON ELECTRONICS
Background
Union Cabinet has recently approved the National Policy on Electronics 2019 (NPE 2019).
Need for this new Policy
Evolving nature of Electronics Industry in India-
National Policy on Electronics 2012 (NPE 2012) has successfully consolidated the foundations for a competitive Indian ESDM value chain. Now, this NPE 2019 proposes to build on that foundation to propel the growth of ESDM industry in the country
Spillover effects of Electronics Industry- such as growing security concerns, rising inverted duty structures, dependence on major powers and potential of job creation
Mission and Objective the Policy
Policy envisions positioning India as a global hub for Electronics System Design and Manufacturing (ESDM)
It aims to achieve a turnover of $400 billion and generate 1 crore jobs in the ESDM sector by 2025
Strategy outlined in the NPE 2019
Creating eco-system for globally competitive ESDM sector
by encouraging domestic manufacturing through consistent tax incentives, establishing Electronic Manufacturing Clusters, promoting Defence Offsets and sub-sectors like semi-conductor facilities, display fabrication units etc.
Promoting Ease-of-doing Business
Encourage Industry-led R&D and Innovation
Promote Trusted Electronics Value Chain
improve national cyber security profile and control its supply chain across national defense and critical national infrastructure like energy grids, communication networks, digital economy etc
Developing Core Competencies in the sub-sectors of Electronics
Promotion of Electronic Components Manufacturing Ecosystem
Preferential Market Access
by encouraging states to adopt the Public Procurement (Preference to Make in India) Order 2017 (PPO 2017) and leveraging the Government e-Market Place (GeM) in the procurement
Other Measures Human Resource development, export promotion, Promoting Eco-park for e-Waste processing, acquiring mines of Rare Earth Metals in foreign countries (Africa, Australia) and developing an index to asses the status of electronics manufacturing industry in the states
Initiatives taken under NPE 2012
The Modified Special Incentive Package Scheme (M-SIPS),
The Electronics Manufacturing Clusters (EMC) Scheme
The Electronics Development Fund (EDF) Scheme