Page 17 - Clean India Journal - Sept 2023 Digital Edition
P. 17

Cover Story



                   This presents numerous         chain storage. According to FSSAI,   Two years ago, Apple
                  opportunities to FM. Warehouses   one-third of all food is wasted or   manufactured just 1% of its iPhones
                  are already using automation, AI   gets spoiled before it is eaten, and   in India; this year, the figure rose
                  and ML to pick and move products.   lack of refrigeration is one of the   to 7%. By the end of FY23, one
                  Rooftop solar power and energy-  major causes. Since such clients   should expect a further, drastic rise.
                  efficient and cost-efficient LEDs for   need to invest in power generation/  Why? Because from November
                  illumination will become must-  backup and cooling, they tend to   onwards, India’s Directorate
                                                  opt for leases as long as 10-20 years
                  haves rather than good-to-haves.                                General of Foreign Trade’s
                                                  – music to the years of the FM   (DGFT) restrictions on importing
                   A subset of this segment is cold   industry. Electronics       seven items, including laptops,
                                                                                  tablets and personal computers,
                                                                                  will kick in. This will have
                                                                                  a dual effect of incentivising
                                                                                  indigenous manufacturers to
                                                                                  scale up production, and compel
                                                                                  global brands to set up or ramp up
                                                                                  manufacturing units in India.
                                                                                    For many years, Indian
                                                                                  electronics units assembled rather
                                                                                  than manufactured products. The
                                                                                  next step for Indian firms is to
                                                                                  increase manufacturing capacity
                                                                                  to capture higher value segments
                                                                                  of the electronics value chain.
                                                                                  The central government wants
                                                                                  IT hardware manufacturers in
                                                                                  India to achieve a localisation
                                                                                  of approximately 80% in value
                                                                                  addition for the production of
                                                                                  computers and other IT hardware
                                                                                  within the coming years.
                                                                                    The budget for this sector’s PLI
                                                                                  scheme was recently increased to
                                                                                  ₹170 billion – more than double
                                                                                  the initial budget that was approved
                                                                                  two years ago.

                                                                                  Semiconductors

                                                                                    India is the world’s second-
                                                                                  largest manufacturer of mobile
                                                                                  phones; over 200 units have been
                                                                                  established in just the past few
                                                                                  years. However, many critical
                                                                                  components of cell phones still
                                                                                  need to be imported. But not for
                                                                                  long.
                                                                                    The government has launched
                                                                                  initiatives like the the Scheme
                                                                                  for Promotion of Manufacturing
                                                                                  of Electronic Components and
                                                                                  Semiconductors (SPECS) and
                                                                                  the Programme for Development
                                                                                  of Semiconductors and Display


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