According to the Ministry of Electronics and IT (MeitY), 14 companies have filed applications under the category domestic companies.
We've seen a significant and sufficient boost from the government for electronics manufacturing even before the budget through PLI schemes.
With the COVID-19 lockdown being relaxed in phases, companies are gearing up and re-aligning themselves to bag opportunities that are set to arise out of this pandemic scenario. The trends to emerge in the market post-COVID-19 will involve adding intelligence to products and convergence of technologies.