Chennai, Oct 1 (KNN) With an aim to make Tamil Nadu a leader in the manufacturing of electronics goods, the state has decided to come out with an electronic hardware policy.

At the inauguration of the Taiwanese electronic giant Pegatron’s smartphone factory at Mahindra City in Chengalpattu district on Friday, Stalin said “we will soon come out with an electronic hardware policy with a view to increase internal production and also take exports to a considerable level.”

The Chief Minister also highlighted that the state is working in the direction of making Tamil Nadu the top destination for mobile phone manufacturing hub. It also aspires to make the state, not just a leader in the manufacturing of electronic goods but all in sectors.

“Driven by the objective of turning the State into a trillion US dollar economy by the year 2030, the government was making efforts to lure high technology industries that would provide job opportunities for the people and a memorandum of understanding was recently signed for setting up a semiconductor plant in the State,” he said.

“Apart from Electronic goods and smartphones, the State is also  producing information technology equipment, consumer goods and also white goods like refrigerators, washing machines and LED lights,” he added.

During the event, Stalin lauded the efforts taken by Pegatron for making its foray into the State with the smartphone manufacturing project with an investment of Rs 1100 crore and job opportunities for 14,000 persons at this moment.

The company is now planning to launch its second phase of the venture in the State itself.  (KNN Bureau)