Thursday, February 9, 2023
198TLTG VIETNAM MASS MEDIA CAMPAIGN SUPPORT TEAM
  • Login
198 Vietnam News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • VIETNAM USA TRADE NEWS
    • VIETNAM EU NEWS
    • VIETNAM AFRICA NEWS
    • VIETNAM UK NEWS
    • VIETNAM GULF NATIONS NEWS
    • VIETNAM CHINA NEWS
    • VIETNAM INDIA NEWS
    • VIETNAM BRAZIL NEWS
    • VIETNAM THAILAND NEWS
    • VIETNAM NIGERIA NEWS
    • VIETNAM EGYPT NEWS
  • POLITICAL
  • CRYPTO
  • MANUFACTURE
  • TECH
  • READ MORE NEWS
    • 198TLTG VIETNAM MASS MEDIA CAMPAIGN
    • VIETNAM AGRICULTURE NEWS
    • VIETNAM IMMIGRATION NEWS
    • VIETNAM SCHOLARSHIP NEWS
    • VIETNAM JOINT VENTURE NEWS
    • VIETNAM EDUCATION NEWS
    • VIETNAM PARTNESHIPS
    • VIETNAM UNIVERSITY NEWS
    • VIETNAM BUSINESS HELP
    • VIETNAM VENTURE CAPITAL NEWS
  • ASK IKE LEMUWA
  • CONTACT
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • VIETNAM USA TRADE NEWS
    • VIETNAM EU NEWS
    • VIETNAM AFRICA NEWS
    • VIETNAM UK NEWS
    • VIETNAM GULF NATIONS NEWS
    • VIETNAM CHINA NEWS
    • VIETNAM INDIA NEWS
    • VIETNAM BRAZIL NEWS
    • VIETNAM THAILAND NEWS
    • VIETNAM NIGERIA NEWS
    • VIETNAM EGYPT NEWS
  • POLITICAL
  • CRYPTO
  • MANUFACTURE
  • TECH
  • READ MORE NEWS
    • 198TLTG VIETNAM MASS MEDIA CAMPAIGN
    • VIETNAM AGRICULTURE NEWS
    • VIETNAM IMMIGRATION NEWS
    • VIETNAM SCHOLARSHIP NEWS
    • VIETNAM JOINT VENTURE NEWS
    • VIETNAM EDUCATION NEWS
    • VIETNAM PARTNESHIPS
    • VIETNAM UNIVERSITY NEWS
    • VIETNAM BUSINESS HELP
    • VIETNAM VENTURE CAPITAL NEWS
  • ASK IKE LEMUWA
  • CONTACT
198 Vietnam News
No Result
View All Result

India takes on China, Vietnam in electronics manufacturing; eyes $300 billion in local production by FY26

by 198 Vietnam News
February 25, 2022
in VIETNAM INDIA NEWS
0
Home VIETNAM INDIA NEWS
Share on FacebookShare on Twitter

[ad_1]

NEW DELHI: India’s counter-attack on China and Vietnam in manufacturing of electronics is about to get further fire-power.
On course is $300 billion in output over the following 4 years, together with $120 billion reserved for exports; broadening of product-basket for incentives; specifically crafted giant industrial zones with fashionable services; and permissions for factories which will maintain as much as as many as 1 lakh employees with dormitories, kitchens, medical set-ups, and housing complexes.
The plan is to offer scale to electronics manufacturing arrange that may in the end result in creation of robust provider eco-system, huge employment alternatives, and world servicing.
IT and electronics minister Ashwini Vaishnaw and junior minister Rajeev Chandrasekhar introduced ‘Imaginative and prescient Doc 2.0’, ready by their ministry and introduced by the India Mobile & Electronics Affiliation by way of its chairman Pankaj Mohindroo.

Page-18 Graphic-1

Vaishnaw stated that the federal government, which has already dedicated practically $17 billion over the following six years throughout 4 production-linked incentive (PLI) schemes (semiconductor and design; smartphones; IT {hardware}, and parts) will likely be popping out with extra classes the place advantages will likely be prolonged for native manufacturing. These are prone to embrace hearables and wearables, industrial and auto electronics, and telecom gear.
The federal government needs the cost to come back not solely from world gamers akin to Taiwanese Foxconn and Wistron (each Apple’s contract producers) and Korean Samsung, but in addition from ‘home champions’ akin to Optiemus, Dixon, and Lava.
Vaishnaw stated he has spoken to the labour ministry relating to points in organising giant factories that may have as many as one lakh staff, and have housing complexes for the employees.
Additionally, he stated that his ministry is figuring out land for constructing huge built-in manufacturing zones (going as much as as a lot as 1,000 acres) with all requisite services akin to land, energy, roads, and connectivity built-in, a lot in keeping with what’s allotted in China and Vietnam.
The trade welcomed the proposal. “The plug-and-play mannequin is certainly welcome. It takes away issues round land acquisition, street and infra, energy, and connectivity,” Sunil Vachhani, chairman of Dixon stated.
Lava’s chairman Hari Om Rai additionally stated that native firms have to go world whereas increasing manufacturing inside India.
Minister Chandrasekhar stated development of digital consumption and diversification of worldwide worth chains will assist obtain the targets.
Chinese language conspicuous by absence
The mega meet of native and world electronics makers didn’t have Chinese language gamers as contributors or audio system.
Requested what function does India sees for the Chinese language in Indian electronics manufacturing, junior IT & electronics minister Chandrasekhar stated, “We don’t have any specific view… the idea of belief in worth chain is a crucial attribute in post-Covid world and any funding and any funding companion that meets the belief standards can manufacture.”



[ad_2]

Source link

Tags: billionChinaElectronicsEyesFY26IndiaLocalManufacturingproductiontakesVietnam
Previous Post

The Local Game: They don’t like it up ‘em – Sports – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Next Post

Midfielder Vũ ready to play against Australia – Sports – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Related Posts

VIETNAM INDIA NEWS

At least 42 dead in India after drinking toxic alcohol

by 198 Vietnam News
July 28, 2022
VIETNAM INDIA NEWS

Shipping route connecting central Vietnam, India inaugurated | Business

by 198 Vietnam News
July 28, 2022
VIETNAM INDIA NEWS

Vietjet offers promotional tickets on routes connecting Vietnam to India | Business

by 198 Vietnam News
July 27, 2022
VIETNAM INDIA NEWS

Vietjet inaugurates more routes between Vietnam and RoK | Business

by 198 Vietnam News
July 26, 2022
VIETNAM INDIA NEWS

Vietnam lags behind Southeast Asian neighbors in tourism recovery

by 198 Vietnam News
July 25, 2022
Next Post

Midfielder Vũ ready to play against Australia - Sports - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Losing to Japan, Vietnamese women's team wait for opportunity in last match - Sports - Vietnam News | Politics, Business, Economy, Society, Life, Sports

8 Ways Parenting Was Completely Different Before the Internet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Crypto Market Review, July 28

July 28, 2022

Coach Park reveals secret to success with Vietnam

July 28, 2022

Surviving the Food Crisis in North-east Nigeria — Global Issues

July 28, 2022

US carrier strike group returns to South China Sea amid Taiwan tensions

July 28, 2022

At least 42 dead in India after drinking toxic alcohol

July 28, 2022

Unearthing the past: How Vietnam searches for wartime graves in Laos

July 28, 2022
198 Vietnam News

198 Vietnam News is a a one-party Communist state, has one of south-east Asia's fastest-growing economies and has set its sights on becoming a developed nation by 2020.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198vietnamnews.com

LATEST UPDATES

Crypto Market Review, July 28

Coach Park reveals secret to success with Vietnam

Surviving the Food Crisis in North-east Nigeria — Global Issues

US carrier strike group returns to South China Sea amid Taiwan tensions

At least 42 dead in India after drinking toxic alcohol

Unearthing the past: How Vietnam searches for wartime graves in Laos

Social media ‘gurus’ prey on India’s small retail investors | Business and Economy News

RECOMMENDED

Man arrested for trading rhino horns, ivory through shell companies

The number of refugees admitted into the US is falling. Why?

Vietnam bans release of Korean blockbuster ‘The Roundup’ | News

Formerly rich NFT buyers party through the pain – TechCrunch

B.C. forestry industry to benefit from trade office in Vietnam

CAAV seeks 1 billion USD upgrade for Cam Ranh International Airport by 2030

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 198 Vietnam News.

No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • VIETNAM USA TRADE NEWS
    • VIETNAM EU NEWS
    • VIETNAM AFRICA NEWS
    • VIETNAM UK NEWS
    • VIETNAM GULF NATIONS NEWS
    • VIETNAM CHINA NEWS
    • VIETNAM INDIA NEWS
    • VIETNAM BRAZIL NEWS
    • VIETNAM THAILAND NEWS
    • VIETNAM NIGERIA NEWS
    • VIETNAM EGYPT NEWS
  • POLITICAL
  • CRYPTO
  • MANUFACTURE
  • TECH
  • READ MORE NEWS
    • 198TLTG VIETNAM MASS MEDIA CAMPAIGN
    • VIETNAM AGRICULTURE NEWS
    • VIETNAM IMMIGRATION NEWS
    • VIETNAM SCHOLARSHIP NEWS
    • VIETNAM JOINT VENTURE NEWS
    • VIETNAM EDUCATION NEWS
    • VIETNAM PARTNESHIPS
    • VIETNAM UNIVERSITY NEWS
    • VIETNAM BUSINESS HELP
    • VIETNAM VENTURE CAPITAL NEWS
  • ASK IKE LEMUWA
  • CONTACT

Copyright © 2022 198 Vietnam News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In