According to an estimate by ELCINA, if we combine the Union government’s capital subsidy on investments with the cluster subsidy, and add these to the incentives offered by a state government, it will lead to an ROI of a minimum of 30 per cent. Currently, manufacturers get an ROI of 10 per cent
After years of neglect, the Union government is now aggressively making an effort to boost electronics manufacturing. It is all out to lure domestic as well as global electronics manufacturers by putting on the table a whopping Rs 200 billion to set up shop in India. This amount does not include the fund for setting up two fabs in India. The government is worried that the cost of India’s electronic and hardware consumables imports would surpass the country’s oil import bill, adversely impacting the balance of payments and foreign exchange earnings.
English
繁體中文
