View: The problems with India’s production-linked incentive scheme and how to fix them

View: The problems with India’s production-linked incentive scheme and how to fix them

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India has, rightly, accorded a high priority to electronics hardware manufacturing as an important pillar for ‘Make in India’ and ‘Digital India’.

SynopsisIt’s difficult to build a manufacturing nucleus around R&D of semiconductors and compete with MNCs overnight, including high-value components like displays, camera modules and memory chips to be part of India’s manufacturing nucleus — as opposed to assembly and packaging, which is quite doable.

By Sanjay KapoorAtmanirbhar Bharat is complementary —not supplementary — to globalisation. The need to collaborate globally in search of lasting solutions is probably irreversible for the overall

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