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Patna,(BiharTimes): The Bihar government now plans to declare information technology (IT) and telecom hardware manufacturing sector as the thrust area. It has now decided to give special attention to this sector. |
According to Naveen Verma, principal secretary of the Industries Department, the state does not want to miss this opportunity. The central government has already announced, in its National Policy on Electronics, that use of locally made component will be encouraged. The policy makes the use of local component mandatory for electronics manufacturers. It is a huge opportunity for the state as the policy offers fiscal incentives.
The policy, which was introduced last year, aims to boost indigenous manufacturing of electronic goods, so that it can fill the gap between domestic demand and supply in electronics goods.
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