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HomeBusiness NewsDoubling Electronics Manufacturing, Knowledge Coverage Framework Implementation Amongst MeitY's Priorities

Doubling Electronics Manufacturing, Knowledge Coverage Framework Implementation Amongst MeitY’s Priorities


Doubling the nation’s home digital manufacturing, alongside implementing the nation’s knowledge safety framework are among the many high priorities for Ashwini Vaishnaw, because the minister commences his second time period on the helm of the electronics and IT ministry.

“On this time period, or the subsequent 5 years, we needs to be simply doubling it, about 50 lakh by way of employment quantity, and $250-300 billion as complete manufacturing worth. I feel we needs to be taking a extra aggressive goal,” Vaishnaw mentioned on Saturday, at a briefing with reporters in New Delhi.

India’s electronics manufacturing stands at roughly $125-130 billion, with employment numbers ranging between 20 lakh and 25 lakh.

“The method is to first grow to be self-reliant, after which begin export-oriented manufacturing. In cell phones, we’re already transitioning to grow to be an export hub. In case of laptop computer and servers, we’re within the technique of turning into self-reliant and most corporations that had been granted permission below PLI schemes have began manufacturing,” he mentioned.

For chips, too, Vaishnaw mentioned the method stays the identical.

Earlier this week, Vaishnaw took cost of the MeitY, alongside retaining the Ministry of Railways, and likewise getting the Info and Broadcasting Ministry, which was beforehand held by Anurag Thakur.

By way of the brand new digital regulatory framework, Vaishnaw mentioned the construction of laws coming in—the trifecta of the Telecom Invoice, the draft Digital India Invoice and the Digital Private Knowledge Safety Act, 2023—stays intact.

The DPDP Act was notified in August final 12 months, and goals to guard privateness of Indian residents, with penalties of as much as Rs 250 crore on entities failing to stop knowledge breaches or misuse of customers’ knowledge. The Act was notified final 12 months, however guidelines below the regulation are but to be finalised.

“There may be good continuity. By way of deepfakes, within the latest previous, we’ve seen the damaging energy of synthetic intelligence. So, ought to we recalibrate our technique? That query must be requested,” he mentioned.

Vaishnaw added that the drafting of DPDP guidelines is in “very superior phases” and in depth trade consultations are slated quickly.

The federal government is engaged on introducing a “digital by design” platform, to be developed collectively by the Digital India Corp. and Nationwide Informatics Centre, for facilitating the implementation of the Digital Private Knowledge Safety Act, he mentioned.



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