CHENNAI: Ministry of Electronics and Information Technology (MeitY) Secretary S. Krishnan said value addition in domestic electronics manufacturing needs to double to 40% from the current 18-20% and component manufacturing will be shifted from China. said it was necessary. Saturday. He asserted that India has adopted electronics assembly and now it is imperative to shift the supply chain away from China to increase value and capture global market share. However, he cautioned that the country should only address value addition where possible. He emphasized the need for capacity building, human resource development and the participation of large industrial groups in this sector. Speaking on “Building Economic Resilience through Technology'' at the G. Ramachandran Endowed Lecture held here in the city, Mr. Krishnan said that southern states such as Tamil Nadu and Karnataka are He said the company should withdraw from labor-intensive electronics manufacturing services (EMS) and focus more on it. About manufacturing higher value components. Assembling electronics requires a lot of human resources, but companies are finding it increasingly difficult to source talent in these southern states, making these activities more readily available. It should be transferred to the state. “States like Tennessee should become centers for parts manufacturing, similar to the automotive sector,” he said. Tamil Nadu exported electronics worth $9.56 billion in 2023-24, capturing 33 per cent of the domestic market share. Karnataka is a distant second with a 16% share. “You (Tamil Nadu) are the largest exporter of electronics, and that's solely because of the Apple iPhones that are exported from Tamil Nadu.” But similarly, if you look at the other part of the story. , it's mainly an assembly exercise. What happens is that a large number of people are required to work on the factory floor. We don't have a lot of people ready to work in that field. “Companies are finding it really difficult to mobilize (talent) within the state,” he explained. Krishnan noted the potential for a shift in the electronics supply chain, saying it is critical to building resilient supply chains and protecting the economy from geopolitical risks and strategic requirements. . Taiwan Strait conflict.
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