Scaling up of electronic manufacturing can contribute USD 1 trillion to GDP

Communications and IT Minister Ravi Shankar Prasad on Friday said scaling up of electronic manufacturing in the country can alone contribute $1 trillion to the economy.

The government has seen interest from global majors like Apple, Samsung and their contract manufacturers to scale up production in India.

“I don’t have slightest doubt that by proper scaling of electronic manufacturing alone, we will be able to contribute $1 trillion to the country’s kitty and that is what I am aiming for and that’s what we are sure to succeed,” Prasad said at an Assocham event. Business Standard News