Commerce Secretary Rajesh Agrawal said the government held discussions with Apple, Foxconn, Dixon, and others on integrating MSMEs into global value chains to boost electronics exports.
The government held discussions with electronics manufacturers on how to reach $150 billion in electronics exports by 2030, Commerce Secretary Rajesh Agrawal said Friday.
Speaking at a Chintan Shivir in New Delhi, Agrawal said the global electronics industry is increasingly built around global value chains. India's policy framework must offer the predictability those chains need to expand in the country, he said.
Policy for domestic-market production may differ from what works for export-oriented manufacturing, Agrawal added. The event brought together presentations on India's roadmap to the export target, the commerce ministry said.
Participants emphasized integrating small and medium enterprises into global value chains. Those firms account for nearly 90% of global electronics trade, the ministry noted. The goal is to help MSMEs scale into suppliers for large manufacturers.
Other discussions focused on harmonizing HS Codes and coordinating with Customs to reduce product misclassification and smooth export procedures.
Leading industry names participated: Apple, Samsung, Foxconn, Tata Electronics, Dixon Technologies, Amber Enterprises, Micromax, Aequs, and boAt. Several of these are already manufacturing in India under production-linked incentive schemes.
For listed Indian electronics manufacturers such as Dixon and Amber, the signal is clear. The government is prioritizing export growth over domestic substitution alone. That could mean more favorable incentives for capacity expansion tied to export volumes, and smoother customs procedures for components.
The event did not produce specific policy announcements. Agrawal said the forum was designed to generate "tangible, balanced and actionable policy recommendations" for all stakeholders. No timeline for follow-up was given.
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