The Indian electronics and electrical industry should look at increasing exports to $100 billion over the next 5-7 years and shun protectionism while prioritising consumer interests, commerce and industry minister Piyush Goyal said Monday.
“Look at increasing exports to $100 billion in the next 5-7 years,” Goyal said at an event organised by the Indian Electrical And Electronics Manufacturer's Association (IEEMA), adding that the export volume of electronic goods ranks second in the country against 167th in 2015. In January, the export volume of electronic goods was $3 billion.
He also said that India's electronic goods industry must work together towards more resilient supply chains, upgrade quality standards and provide high-quality goods and services to the world at competitive rates.
“Look at increasing exports to $100 billion in the next 5-7 years,” Goyal said at an event organised by the Indian Electrical And Electronics Manufacturer's Association (IEEMA), adding that the export volume of electronic goods ranks second in the country against 167th in 2015. In January, the export volume of electronic goods was $3 billion.
He also said that India's electronic goods industry must work together towards more resilient supply chains, upgrade quality standards and provide high-quality goods and services to the world at competitive rates.
