ET World Leaders Forum | Govt to launch new scheme for domestic electronics component manufacturing says Vaishnaw

Speaking at the inaugural session of the World Leader Forum 2024, Vaishnaw said that more than 99% of all mobile phones used in India were being manufactured domestically. “This year Apple will be manufacturing their latest model in India. The value of electronics manufacturing in India had increased to $105 billion as of 2022-23, up from $29 billion in 2013-14. We are preparing a program where the component ecosystem can now come in the way electronics and mobile manufacturing has come in,” he said.