Union Minister of State for Electronics & Information Technology Rajeev Chandrasekhar said on Friday that the establishment of Pegatron facility near Chennai under PLI scheme was a symbol of partnership between the Centre and States.
Speaking at the inauguration of the manufacturing plant, Chandrasekhar said that such partnerships could help India achieve the target of USD 300 billion in electronics manufacturing, from the current USD 75 billion.
The Pegatron plant has been set up in an industrial park in Chengalpattu near Chennai under the Centre’s Production Linked Incentive scheme (PLI).
Chandrasekhar also spoke on the importance of the PLI scheme and how it has played a big role in ushering in investments and employment in electronics manufacturing and that it has catalysed an investment of Rs 6,500 crore in a short span of time, generating employment of over 40,000.
At the inauguration, Cheng Jian Jong, Chairman at Pegatron Technology India said that it has been an extraordinary journey for Pegatron to be in India. “We are overwhelmed by the support extended by Government of India and Tamil Nadu”, he said.
The Chief Minister of Tamil Nadu, M. K. Stalin, Minister of Micro, Small and Medium Enterprises Department, Government of Tamil Nadu, T.M. Anbarasan, apart from Lin Chiu Tan, Managing Director Pegatron Technology India, Denese Yao, Senior Vice President Pegatron Corporation, Kuo Shing Jung CEO Pegatron Technology India were in attendance during the inauguration.