NEW DELHI – India’s government aims to bring in $100 billion in investments for electronic component manufacturing by 2020, according to published reports.

A draft of initiatives proposes tax incentives, special funding, 200 manufacturing clusters, and preferential access for locally made products.

The policy is expected to be completed by December, and the initiatives are expected to create 28 million jobs.

Local demand for electronics hardware is expected to reach $400 billion by 2020, up from $45 billion in 2009.

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