A specialised stock exchange for Indian electronics industry in the offing

Modelled after China’s Shanghai Stock Exchange STAR Market, the Indian electronics industry is taking steps to establish a specialised stock exchange. This will provide technology companies greater access to capital markets for funding and growth.

ICEA is spearheading discussions with fund houses over the past two weeks to create this new exchange. Securing SEBI approval may prove to tricky.

This is in line with MeitY’s vision of taking the electronics industry from the current annual USD 100 billion to USD 300 billion by 2026.

CT Bureau