NEW DELHI: India can obtain a sizable share of the global market by becoming the hub for laptops and tablets. Such a move will give a manufacturing value of $100 billion by 2025 and will also create 5 lakh additional jobs, ICEA said in a statement. "This will also result in a cumulative inflow of foreign exchange to the tune of $75 billion and investment of over $1 billion. "To reach the NPE,2019 targets and for turning into the global manufacturing hub, We cannot depend on Mobile phones manufacturing alone. "Therefore, unless exports are promoted, it is unlikely that the domestic market will offer any additional growth for companies aspiring to manufacture in India," ICEA said.

Source: Economic Times November 18, 2020 08:27 UTC