Fierce! India Wants To Shift China's Position To Dominate The Global Electronics Market

PM Narendra Modi and Xi Jinping (The Wire)

JAKARTA - India is getting serious about realizing its ambition to dominate the global electronics market share. The government has approved the flushing of funds for this purpose of 73.5 billion rupees (equivalent to IDR 14 trillion). The purpose of this budget is to build local infrastructure and also to export technology products that include laptops, PCs, servers to tablets.

Ravi Shankar Prasad, Minister of Law and Justice of India, revealed that the plan is a Production Incentive Plan program with the aim of making Indian electronic products competitive, as reported by Reuters.

"The focus of this scheme is to bring global champions to India and make national champions from local manufacturers", said Prasad.

He also added that the effort would create 180,000 jobs. The Production Incentive Plan Program is expected to help increase exports of Indian-made technology products by 2.45 trillion rupees (around IDR 45 trillion).

Until now, through this program, the Indian government has succeeded in bringing in various giant world companies, one of which is Apple. The US company is interested in setting up an iPad tablet assembly plant.

Not only that, there is also a well-known Taiwanese microchip maker named Foxconn. The company also supplies components for Apple devices. Apart from the two companies, Pegatron and Wistron are also interested in setting up factories in India.

The strategy launched by the Indian government came from Indian Prime Minister Narendra Modi. The number one person in India has succeeded in changing the face of India to become the largest cellphone maker besides China.

There is a possibility if India tries to compete with China in the field of post-conflict technology that occurred some time ago. Now India is emulating the success of smartphone manufacturers and various other electronic devices as a form of reducing imports of technology products.