CURRENT AFFAIRS

Detailed explanation-1: -The Tamil Nadu Government released Electronics and Hardware Manufacturing Policy. The main aim of the policy is to increase the electronics industry output to 100 billion USD by 2025.

Detailed explanation-2: -The Tamil Nadu Electronics Hardware Manufacturing Policy aims to increasing Tamil Nadu’s electronics industry output to USD 100 billion by 2025 ; To contribute 25% of India’s total electronic exports to the world by 2025; To attract at least two major FAB investments to Tamil Nadu in the next three years.

Detailed explanation-3: -India’s National Policy on Electronics is formulated by the government of India to boost its electronics systems and design manufacturing industry and improve its global market share. The policy was drafted in 2011 by the Department of Information Technology of the Ministry of Communication and Information Technology.