NITI Aayog–Tata Electronics Tie-Up for Electronics Manufacturing
Why in the news
NITI Aayog joined hands with Tata Electronics to give a push to electronics manufacturing in India.
Key facts
- Partners: NITI Aayog and Tata Electronics.
- Aims: bigger production scale, sturdier supply chains, a place in global value chains.
- Growth: output up nearly six-fold over a decade.
- Expected gain: faster growth of semiconductor and component making.
Exam angle
- Think tank: NITI Aayog; industry partner: Tata Electronics.
- Key phrase: global value chains.