Question
What is the primary goal of the Indo-US Task Force for
Electronics, recently launched by the India Cellular and Electronics Association (ICEA)?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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