Yojana Magazine: Issue September 2012
The electronics industry which emerged in the 20th century
has become a global industry worth billions of dollars with products ranging
from simple consumer products to highly complicated devices. The field of
electronics is now a meta resource that can be converged with a wide spectrum of
applications. Electronics items are no more than just a product for direct
consumption but are 'enabler' for improving the productivity and efficiency of
other manufacturing sectors. The industry has the potential of creating enormous
employment opportunities and helps in the spread of education and health care
through ICT to both rural and urban areas as well as implementing e-Governance.
Its growth has direct impact on the socio-economic development of the country
and determining its competitiveness. India is one of the largest consumers of
electronic products globally. What is needed is for both Government and industry
to focus on meeting the increasing domestic demand.
Courtesy: Yojana Magazine