Even as the Centre is pushing to position India as an alternative to China for manufacturing of electronics through various policy initiatives, the State governments now need to play their role in welcoming investors to tap the huge opportunity in the sector, the Minister of State for IT and Electronics Rajeev Chandrasekhar told The Hindu.
“The government of India is [an] enabling government, we create policies, we create framework, make it easy to do business, but the investments flow into States, the jobs are created in the States. And therefore, State governments need to play their role in attracting these investments and the State governments that do this effectively will essentially attract the investments, create the jobs and create economic expansion,” Mr. Chandrasekhar said.
Giving an example of “political failure” with the closing down of Nokia’s manufacturing plant in Tamil Nadu, the Minister added that States need to value these investments and treat them carefully “because this is only the first step... there will be a second round of investment or a third round of investment.”
