{"id":85742,"date":"2019-02-20T11:58:20","date_gmt":"2019-02-20T06:28:20","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=931"},"modified":"2019-02-20T11:58:20","modified_gmt":"2019-02-20T06:28:20","slug":"cabinet-approves-new-national-electronics-policy-2","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-approves-new-national-electronics-policy-2\/","title":{"rendered":"Cabinet approves new National Electronics Policy"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The Union Cabinet has approved the National Policy on Electronics (NPE) 2019. The policy aims to a) achieve a turnover of $400 billion for the Electronics System design and Manufacturing (ESDM) sector by 2025 and b) generate 1 crore jobs in India. The ESDM sector includes subsectors such as electronic products, electronic components, semiconductor design, and electronics manufacture.<\/li><li>The objectives of NPE 2019 are a) promote domestic manufacturing and export in the entire value-chain of ESDM, b) Provide incentives and support for manufacturing of core electronic components, c) Provide special package of incentives to high-tech mega projects, d) Formulate suitable schemes and incentive mechanisms to facilitate new units and expand existing ones, e) Promote Industry-led R&amp;D and innovation in all sub-sectors of electronics, f) enhance skilled manpower in the sector, g) Create Sovereign Patent Fund (SPF)- this would aid in development and acquisition of IPs in the sector, h) improve national cyber security profile through electronic value chain initiatives.<\/li><li>The policy also puts special thrust on few industries. These include a) Fabless\u00a0Chip\u00a0Design\u00a0Industry,\u00a0b) Medical Electronic Devices Industry, c) Automotive Electronics Industry and d) Power Electronics for Mobility and Strategic Electronics Industry<\/li><li>NPE 2019 replaces the National Policy of Electronics 2012 (NPE 2012). NPE 2012 aimed at a\u00a0turnover of about USD 400 billion for the ESDM sector by 2020<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet has approved the National Policy on Electronics (NPE) 2019. The policy aims to a) achieve a turnover of $400 billion for the Electronics System design and Manufacturing (ESDM) sector by 2025 and b) generate 1 crore jobs in India. The ESDM sector includes subsectors such as electronic products, electronic components, semiconductor design,&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-approves-new-national-electronics-policy-2\/\">Continue reading <span class=\"screen-reader-text\">Cabinet approves new National Electronics Policy<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3159],"class_list":["post-85742","post","type-post","status-publish","format-standard","hentry","category-economy","tag-national-policy-on-electronics","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704838803},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=85742"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85742\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}