New Delhi, Feb. 14 -- In a move aimed at bolstering domestic electronics manufacturing, the Indian government has announced plans for a groundbreaking incentive scheme.

This initiative, disclosed by a senior official from the Ministry of Electronics and IT on Tuesday seeks to stimulate the production of electronic components alongside semiconductors, reported ET.

Speaking at the launch event of the indigenous Milkyway tablets, MeitY Secretary S Krishnan emphasised the government's commitment to fostering local value addition and promoting the 'Make in India' initiative.

Krishnan expressed optimism about the private sector's increased involvement, foreseeing a pivotal role in transforming India into both a product-centric nation and a ...