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Electronics industry to receive incentives for setting up factory in proposed clusters

Electronics Industry is expected to get incentives to set up companies in upcoming clusters promoted under the new draft electronics policy. Currently, India imports around 90% of its needs through imports which is estimated around USD 100 billion. The demand is likely to increase to USD 400 billion by 2020. So the government of India is promoting a eco system for a globally competitive electronics sector to promote investment in the country.

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