Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: UP Chief Secretary Commits to Prompt Incentive Payments for Electronics Sector
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
UP chief secretary assures timely payout of incentives to electronics industry
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > UP Chief Secretary Commits to Prompt Incentive Payments for Electronics Sector
Nation

UP Chief Secretary Commits to Prompt Incentive Payments for Electronics Sector

Nation Desk By Nation Desk December 24, 2024 2 Min Read
Share
SHARE

Uttar Pradesh’s Chief Secretary, Manoj Kumar Singh, has reassured stakeholders in the electronics sector about the timely distribution of state incentives. During a meeting organized by the Indian Cellular and Electronics Association (ICEA), he emphasized the government’s dedication to creating manufacturing-friendly policies that encourage investment throughout the electronics value chain. Furthermore, he highlighted efforts to improve housing infrastructure for workers within electronics clusters.

Singh mentioned the government’s proactive support for private companies looking to establish manufacturing hubs. Notable electronics manufacturers, including Dixon, Micromax, Karbon, Amber, and Zetwerk, participated in the discussions.

The conversation centered around addressing industry challenges and strategizing to position Uttar Pradesh as a leading center for electronics manufacturing. According to ICEA, the state has become a key player in India’s electronics sector, contributing around 40-45% of the nation’s electronics production and about 60% of mobile phone production by value in the fiscal year 2024. Additionally, Uttar Pradesh is responsible for roughly 15.3% of the country’s electronics exports and around 25% of mobile phone exports.

Pankaj Mohindroo, Chairman of ICEA, stated, “Uttar Pradesh should play a crucial role in achieving India’s $500 billion electronics manufacturing target by 2030, aiming for a substantial share of $200 billion. Furthermore, the state needs to engage in aggressive global outreach and contemplate establishing international offices to enhance integration with global value chains (GVCs) and attract major international brands to India.”

Anil Sagar, Principal Secretary of the Infrastructure and Industrial Development Department, encouraged industry stakeholders to take full advantage of Uttar Pradesh’s Electronics and Semiconductor Policy, reiterating that the policy framework is tailored to boost the growth of electronics and semiconductor manufacturing within the state.

The Uttar Pradesh Electronics Manufacturing Policy 2020 offers financial incentives aimed at transforming the state into a global hub for electronics production.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article Nifty, Sensex to open on a flat note Hindustan Construction Co Ltd Resolves Client Claims, Stock Dips 2%
Next Article Stocks that will see action today: December 24, 2024 Today’s Top Stock Picks: December 24, 2024!
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Over 40 India-bound vessels stuck amid Hormuz deadlock

More than 40 Vessels Bound for India Trapped in Hormuz Stalemate

May 8, 2026
Broking firms bullish on Vedanta, expect demerged entities’ listing in June

Analysts Optimistic on Vedanta’s Future, Anticipate Listing of Demerged Entities This June

May 8, 2026
Oil markets see $7 billion bearish bets ahead of Trump Iran announcements

$7 Billion Bearish Bets Place Pressure on Oil Markets Before Trump’s Iran Announcements

May 8, 2026
Nashik TCS sexual harassment case: Prime accused Nida Khan arrested after weeks on run

Prime Suspect Nida Khan Captured in Nashik TCS Sexual Harassment Case After Extended Hideout

May 8, 2026
Neetu Kapoor's Daadi Ki Shaadi releases tomorrow: DYK she once quit films at the peak of her career?

Neetu Kapoor’s Daadi Ki Shaadi Debuts Tomorrow: Did You Know She Once Left Acting?

May 8, 2026
Bangladesh vs Pakistan: When and where to watch BAN vs PAK live on TV and stream online in India?

Watch Bangladesh vs Pakistan Live: TV and Streaming Details for Indian Fans

May 8, 2026

You Might Also Like

Discount for gold in India rises to $15/ounce on subdued demand
Economy

Gold discount in India up $15/ounce due to weak demand

5 Min Read
Stocks that will see action today: January 2, 2025
Economy

Top Stocks Set for Busy January 2, 2025 Trading Day

3 Min Read
Supreme Court to hear all petitions against state anti-conversion laws
Nation

SC Rejects ‘Pilot Error’ Claims in Air India Crash, Orders Independent Probe Notice

2 Min Read
Gaja Alternative Asset Management files updated DRHP to raise ₹656 cr via IPO
Economy

Gaja Alternative Asset Management Seeks ₹656 Crore Through IPO with Updated DRHP

3 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?