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of <h1>India Unveils Draft National Policy on Electronics: Aims for $400B Turnover, 28M Jobs by 2020.</h1> The Government of India announced a draft National Policy on Electronics on October 3, 2011, following a Round Table Conference involving various stakeholders. Key proposals include facilitating semiconductor wafer fabs, providing preferential market access for domestic electronic products, creating an Electronic Development Fund, and establishing over 200 Electronic Manufacturing Clusters. The policy also suggests fiscal incentives through a Modified Special Incentive Package Scheme and setting up a National Electronics Mission. The policy aims to achieve a USD 400 billion turnover in the electronic system design and manufacturing sector by 2020, potentially creating 28 million jobs.
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