Post Budget Quote from Daiwa on Electronic Manufacturing in India

Mr Arjuun Bajaj, CEO and Founder, Daiwa: " We thank the Indian government for including such incentives in the Union Budget. The announcement of INR 745 Cr for electronic manufacturing in the country is further going to attract global innovators to make India as a hub for manufacturing tech and electronic products. The same, in addition to the GST Bill, meant at streamlining taxes and costs, is surely going to boost up the morale of the electronic manufacturing industries.

However, the problem still does not get solved as we continue to import the material used in the manufacturing from neighboring countries, such as China. The government must focus on bringing in the manufacturers of raw materials i.e. different types of components, parts, open cell etc. in order to truly achieve the dream of MAKE in INDIA."