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<root>
    <author>ENA</author>
    <category>State</category>
    <date>2025-06-06 15:17:50</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Amaravati, Jun 6 (KNN) &lt;/strong&gt;The Andhra Pradesh government introduced its draft Electronics Component Manufacturing Policy 4.0 during a roadshow organised by the Ministry of Electronics and Information Technology in the state on Thursday.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The event brought together prominent industry representatives to discuss manufacturing opportunities under India's recently launched Electronics Component Manufacturing Scheme.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;According to an official statement, the draft policy represents a comprehensive framework intended to stimulate investment, develop specialised infrastructure, and cultivate expertise throughout the electronics component manufacturing sector.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The policy aligns with national objectives for expanding domestic electronics production capabilities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The roadshow was attended by Union IT and Electronics Joint Secretary Sushil Pal and Andhra Pradesh IT Secretary K Bhaskar, among other officials and industry participants.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The state government designed the policy to attract investment through various financial incentives, including early adoption benefits, matching incentive structures, interim support measures, and ready-to-use manufacturing facilities within dedicated component production clusters.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;During the event, Dixon Technologies announced plans to create 5,000 additional employment opportunities in Andhra Pradesh over the next two years as part of its regional expansion strategy.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Similarly, Neolync, which operates with backing from Reliance, committed to generating 5,000 jobs within the state as part of its growth plans.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The policy launch reflects broader national efforts to strengthen India's position in global electronics manufacturing and reduce dependence on imported components through domestic production capabilities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>42347</id>
    <link>https://knnindia.co.in/news/newsdetails/state/andhra-pradesh-unveils-draft-electronics-component-manufacturing-policy-40</link>
    <pubDate>2025-06-06 15:17:50</pubDate>
    <source>knnindia.co.in</source>
    <title>Andhra Pradesh Unveils Draft Electronics Component Manufacturing Policy 4.0</title>
</root>
