Invt in electronics mfg at Rs1.14l cr

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Investment in the electronics manufacturing sector has jumped over six-fold in a year to reach `1.14 lakh crore by December 2015, Telecom Minister Ravi Shankar Prasad on Thursday said. “Investments in electronic manufacturing reached `1.14 lakh crore by December 2015,” Prasad tweeted on Thursday. The minister's tweet shared a picture which showed that the electronic manufacturing space had attracted investment worth `17,390 crore involving 53 units by December 2014. As many as 159 units attracted investment of `1.14 lakh crore by December 2015. India Electronics and Semiconductor Association (IESA) President MN Vidyashankar said, “The progressive policies and aggressive focus on 'Make in India' initiative have played a significant part in the resurgence of the electronics manufacturing sector during the year.”    

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