News on Medial

Display localization to boost local value addition amid ramp-up in talks

LivemintLivemint Ā· 5m
Display localization to boost local value addition amid ramp-up in talks

India is aiming to boost display manufacturing and assembly in an effort to increase domestic value addition in its electronics products. Currently, displays account for a significant portion of a product's bill of materials cost, but India has been limited to display assembly rather than full-scale manufacturing and fabrication. The Ministry of Electronics and Information Technology is working with industry stakeholders to encourage the establishment of display fabs, and the government's production-linked incentive schemes are expected to attract global technology partners. However, realizing the benefits of local display manufacturing will take time and require finding the right partners and sales channels.

Comments

Download the medial app to read full posts, comements and news.