Electronics & IT Sector: Achievement Report

8 Months agoThe government is driving reforms by creating favourable policies to enable an investor friendly environment.

The Government is driving forward reforms in IT and electronics manufacturing sector through major initiatives like ‘Make in India’ and by creating favourable policies to enable an investor friendly environment.

The Electronic System Design & Manufacturing (ESDM) sector * offers investors a wealth of opportunities for growth and is among the top five sectors in India attracting highest FDI. As the demand for high-end products rises in the domestic market, the Indian ESDM sector is projected to grow at a CAGR of 24% from USD 70 billion in 2014 to USD 400 billion by 2020.

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