/vnd/media/agency_attachments/bGjnvN2ncYDdhj74yP9p.png)
The draft National Policy on Electronics was released by Kapi Sibal, the union minister of communications and information technology.
The proposed National Policy of Electronics, 2011 forsees creating a globally competitive Electronics Systems and Design Manufacturing (ESDM) industry including nano-electronics to meet the country's needs and serve the international market.
The draft policy expects to achieve a turnover of about USD 400 Billion by 2020 involving investment of about USD 100 Billion and also aims at ensuring employment to around 28 million in the sector by 2020.
The policy even proposes setting up of over 200 electronic manufacturing clusters. Of the three sectors — IT, Telecommunications and Electronics.The draft policy seeks to address the major barriers which include lack of a strong base, an adverse international environment and failure to build an enabling eco-system.
Speaking at the occasion Kapil Sibal said ''Information Communication Technologies and Electronics have been contributing significantly to the economic growth of the country and have the potential to script India's future across the economy, society and government. This would epitomize what modern, resurgent and young India is capable of accomplishing. Achievements in the recent past in the IT and Telecom sectors have been spectacular and unprecedented in India's history. Yet, it is the future that holds even more breathtaking possibilities''.