Business
Ashwini Vaishnaw Asks States To Have Dedicated Nodes For Electronic Manufacturing
Union Minister Ashwini Vaishnaw.
Union Electronics and IT Minister Ashwini Vaishnaw has asked states to have dedicated industrial park nodes for electronic manufacturing, an official release said on Friday (7 July).
The minister said that the electronic manufacturing is a highly employment intensive sector.
Vaishnav made the remarks during the first meeting of the Apex Monitoring Authority constituted to review the activities of National Industrial Corridor Development programme.
“There is a huge opportunity for electronic manufacturing. Entire global value chain is shifting away from untrusted partners and India is being seen as a trusted partner. Success of electronic manufacturing in last in India has been watched by the world. From nowhere we have reached 76 billion dollars and it now growing in double digits,” Vaishnaw added, according to a Commerce Ministry release.
Vaishnaw, who also holds the charge of Ministry of Railways, also said that rail connectivity has to be an integral part of planning of project nodes and the land acquisition can take into consideration the requirement of railways.
He informed that regional railways and hydrogen train are being planned and the infrastructure development should keep this aspect in mind.
The minister also asked the National Industrial Corridor Development and Implementation Trust (NICDIT) to plan for data centres and ducts for laying optical fibre.
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