Question

    What is the primary goal of the Indo-US Task Force for

    Electronics, recently launched by the India Cellular and Electronics Association (ICEA)?
    A Promoting the production of electronics worth ₹10,000 crore in India Correct Answer Incorrect Answer
    B Achieving $300 billion in electronics production by 2025-26 in India Correct Answer Incorrect Answer
    C Fostering innovation and creating job opportunities in the electronics sector Correct Answer Incorrect Answer
    D Enhancing bilateral trade in electronics between India and the US to $100 billion within a decade. Correct Answer Incorrect Answer
    E Supporting initiatives like iCET for semiconductor advancements Correct Answer Incorrect Answer

    Solution

    The Indo-US Task Force for Electronics,  launched recently, aims to boost the electronics trade between the two countries to $100 billion (₹10,000 cr) within a decade. The India Cellular and Electronics Association (ICEA) organised the launch meeting, attended by senior officials from Department of Telecommunications (DoT), US Embassy, leading US and Indian companies, investment banking fraternity, and Washington DC-headquartered Information Technology Industry Council (ITI). The Indo-US Task Force for Electronics represents the fusion of two technological powerhouses.  India’s electronics manufacturing industry is targeting $300 billion (₹ 24,80,635.50 cr) of electronics production by 2025-26. The task force’s key objectives include boosting trade, fostering innovation, creating jobs, and achieving seamless integration with the global tech ecosystem.  It aims to further the strategic partnership between India and US on semiconductor advancements, advanced telecommunications, initiatives like iCET and electronics supply chain. Learn Along: About USA Capital: Washigton D.C               Currency: US Doller                           President: Joe Biden

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