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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Digital Economy | How can India move up the value chain and become a products nation? Ajai Chowdhry explains
Description: Since 2012, successive governments at the Centre have been trying to make India a global hub for electronics and hardware equipment but have achieved limited success. For example, while the number of mobile handset and accessories factories in the country has gone up, the local value addition is only around 7-8 per cent as most of the critical components are imported. Similarly, attempts to attract investments for manufacturing semiconductors in India have so far not yielded anything concrete. With the demand for electronics hardware expected to rise rapidly, India cannot afford to bear a huge f...