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Union Minister Rajeev Chandrasekhar has said that under the leadership of Prime Minister Narendra Modi, the Government is working closely with Startups, Industry and Academia to create rapidly expanding server & IT Hardware manufacturing ecosystem in India. He said ‘Our ambitions are clear - a $300 billion Electronics industry and a $1 trillion Digital Economy by 2026.’

He also noted that the government will act as an enabler in catalysing India’s IT hardware ecosystem that includes data centres, servers, etc. The PLI scheme for IT hardware has been carefully designed this time with inputs from the industry. Chandrasekhar further said ‘India represents one of the fastest-growing consumer markets in the electronic manufacturing ecosystem as we have digitised our economy, Government and public services at an unprecedented rate.’ Rajeev Chandrasekhar also highlighted India’s significant growth in smartphone manufacturing.

He said ‘We clearly aware of the smartphone success and I can very confidently state that what you’ve seen in the smartphone segment is just the tip of the iceberg. It is clear that we are going to be a significant source of smartphone production and overall ecosystem around the smartphone in the coming decade and the large brands are certainly clear in their mind that they want to make India an expanded presence in India and expand it significantly.’