India, March 11 -- The Indian Government has been pushing to boost the electronics components manufacturing across the country in order to strengthen India's semiconductor ecosystem.

Ashok Chandak, President, India Electronics and Semiconductor Association (IESA), stated: "The recent policy refinements around investments under the Press Note 3 framework represent a balanced and pragmatic step towards strengthening India's electronics manufacturing ecosystem, while safeguarding national interests. By providing clarity on beneficial ownership and introducing faster approval timelines, the government has created an enabling environment for attracting global capital and technology partnerships into upstream electronics manufacturing.

"India...