The key objectives of the Policy:

♤ To create an eco-system for a globally competitive Electronic System Design and Manufacturing (ESDM) sector in the country.

♤ To build on the emerging chip design and embedded software industry to achieve global leadership in Very Large Scale Integration (VLSI), chip design and other frontier technical areas.

♤ To build a strong supply chain of raw materials, parts and electronic components.

♤ To increase the export in ESDM sector.

♤ To significantly enhance availability of skilled manpower in the ESDM sector.

♤ To create an institutional mechanism for developing and mandating standards and certification for electronic products and services to strengthen quality assessment infrastructure nationwide.

♤ To develop an appropriate security ecosystem in ESDM.

♤ To create long-term partnerships between ESDM and strategic and core infrastructure sectors – Defence, Atomic Energy, Space, Railways, Power, Telecommunications, etc.

♤ To become a global leader in creating Intellectual Property (IP) in the ESDM sector by increasing fund flow for R&D, seed capital and venture capital for start-ups in the ESDM and nanoelectronics sectors.

♤ To develop core competencies in strategic and core infrastructure sectors like telecommunications, automotive, avionics, industrial, medical, solar, Information and Broadcasting, Railways, etc through use of ESDM in these sectors.

♤ To use technology to develop electronic products catering to domestic needs, including rural needs and conditions, as well as international needs at affordable price points.

♤ To become a global leader in the Electronic Manufacturing Services (EMS) segment by promoting progressive higher value addition in manufacturing and product development.

♤ To expedite adoption of best practices in e-waste management.

♤ To source, stockpile and promote indigenous exploration and mining of rare earth metals required for manufacture of electronic components.