By Mr. Arjun Bajaj, Mr. Arjun Bajaj, Director – Videotex.
‘The Budget is a positive step for the consumer electronics industry, with the introduction of ISM 2.0 and a significant increase in the outlay for the Electronics Components Manufacturing Scheme to ₹40,000 crore, along with support for the rare earth permanent magnet ecosystem. These measures are expected to strengthen the sector over the long term. Overall, the Budget’s emphasis on skill development, domestic manufacturing, and infrastructure lays a strong foundation for innovation and long-term competitiveness across the electronics ecosystem”.
