Union Budget 2015: ‘Incentivise local manufacturing of electronic products’

Updated: February 24, 2015 12:42 PM

The 'Make in India' initiative is riding high on expectations...

The ‘Make in India’ initiative is riding high on expectations.

Today, almost 100 percent of the smartphones in India are imported.

We hope the government will incentivise local manufacturing of electronic products, which will in turn drive the growth of component manufacturing such as the semiconductor business in India, including production of embedded flash memory for storage devices.

We are also excited about the government’s focus on Smart Cities.

All Digital India initiatives will lead to increase in data volumes which would boost the enterprise storage industry.

We expect the government to have clear and adequate budget allocations for all these initiatives in this Union Budget.

 By Vivek Tyagi, Director BD, India

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