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ESDM Policy: India's Global Electronics Manufacturing Drive
UPSC Daily Current Affairs
Nov 29, 2023
India’s Electronics System Design and Manufacturing (ESDM) Policy
Overview of ESDM Policy
Aim: Position India as a leader in global electronics manufacturing.
Synergy: Aligns with ‘Aatmanirbhar Bharat’, ‘Make in India’, and ‘Digital India’.
Key Components
Semiconductor & Display Focus: Building a strong semiconductor and display manufacturing base.
Financial Incentives: Extensive fiscal support for electronics segments.
Strategic Initiatives
India Semiconductor Mission: Spearheading the implementation of semiconductor and display ecosystem strategies.
Comprehensive Coverage: Incentives encompassing the entire electronics supply chain.
Impact and Goals
Strategic Importance: Enhancing security in critical information infrastructure.
Economic Growth: Contributing to the digital economy and GDP enhancement.
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