Electronics manufacturing proposals of Rs. 65,000 crore received: Ravi Shankar Prasad.

Government has received proposals worth Rs 65,000 crore for electronics manufacturing in the country, Telecom Minister Ravi Shankar Prasad said today.

'In principal approval has been given to 21 electronics manufacturing clusters. Almost Rs. 65,000 crore worth proposals have been received under MSIPS and Rs. 9,000 crore of which have been approved,' Prasad said while speaking at an event here.

The minister said that electronics is going to drive growth of India, revenue and employment in the country.

Government has identified manufacturing as one of important pillar of growth.

The minister said that Prime Minister Narendra Modi will inaugurate a massive Digital India programme on July 1.

'We are planning to celebrate Digital India week which will be inaugurated by the PM,' Prasad said.

IIT industry body Nasscom and the India Electronics and Semiconductor Association today entered into agreement to work together with an aim to push the share of electronics manufacturing and IT to 25 per cent of the country's GDP by 2025.


ET