The objective of National Policy on Electronics, 2019

• The Policy envisions positioning India as a global hub for Electronics System Design and Manufacturing - (ESDM) by promoting domestic manufacturing, skill development, start-up, export eco-system and improving ease of doing business for the ESDM industry.
• It aims to achieve a turnover of $400 billion and generate 1 crore jobs in the ESDM sector by 2025.

Salient features of National Policy on Electronics, 2019

• Creating eco-system for globally competitive ESDM sector- by encouraging domestic manufacturing through consistent tax incentives, establishing Electronic
• Manufacturing Clusters, promoting Defence Offsets and sub-sectors like semi-conductor facilities, display fabrication units etc.
• Developing and Mandating Standards in the sector- which would include an institutional mechanism for the participation of all stakeholders (Govt, Industry, Academia, Experts) and mandatory compliance in the field of electronics goods, including cyber security.
• Promoting Ease-of-doing Business- by facilitating a single window mechanism for global investors using existing mechanisms like Invest India, National Investment Promotion and Facilitation Agency.
• Encourage Industry-led R&D and Innovation- in all sub-sectors of electronics. This would encompass support to various initiatives in areas like 5G, IoT/ Sensors, Artificial Intelligence etc.
• Human Resource Development- by generating a research base at the PhD level, opportunities for joint IPRs to Indian candidates at foreign institutions, and work closely with all agencies (Centre and State).
• Export Promotion- by providing an attractive package of incentives so that exporters can compete in global markets.
• Promote Trusted Electronics Value Chain- to improve national cyber security profile and control its supply chain across national defence and critical national infra like energy grids, digital economy etc.
• Promote Cyber Security- by enhanced understanding of cyber security issues, and risks; development of testing facilities, photonics, nano-based devices etc by the start-ups.
• Developing Core Competencies in the sub-sectors of Electronics- such as the Indian Fabless Chip Design Industry, Medical Electronic Devices Industry, Automotive Electronics Industry, Power Electronics for Mobility and Strategic Electronics Industry.
• Promotion of Electronic Components Manufacturing Ecosystem- by providing incentives for lithium-ion cells, chip components, fuel cells, optical fibre, solar cells etc.
• Promotion of Electronics Manufacturing Services (EMS) Industry- including Engineering & Design of PCBs, Functional testing, Maintenance services like warranty and repair services etc.
• Mega Projects- by providing a special package which would invite extremely high-tech and huge investments in areas like semiconductor facilities, display fabrication etc.