The Ministry of Electronics and Information Technology could quickly come out with a production-linked incentive (PLI) form of scheme for additive manufacturing of digital elements, sources stated.
In conferences held during the last month, the IT Ministry had reached out to electronics part makers to grasp their requirement so {that a} appropriate coverage might be designed accordingly, one of many sources stated.
“Specific lightweight products which are used in critical electronic equipment and are very expensive to replace are among the priority items. We are looking at other areas beyond electronic manufacturing for the second phase,” a ministry official stated.
The Indian Express had in December 2020 reported that the IT Ministry was prone to come out with a coverage on additive manufacturing quickly. The new coverage was geared toward selling 3D printing on an industrial scale and serving to home corporations “overcome technical and economic barriers” in order that they may construct supportive and ancillary services for world leaders within the expertise, such because the US and China.
As per a draft of the coverage, the Ministry values additive manufacturing or 3D printing business at $35.6 billion by 2023, up from a lower than $7 billion in 2017. For the digital manufacturing part area, the Ministry sees potential for 3D elements in wearable units, smooth robots, structural monitoring and constructing components and radio frequency identification units.
3D printing or additive manufacturing makes use of computer-aided designing to make prototypes or working fashions of objects by laying down successive layers of supplies resembling plastic, resin, thermoplastic, steel, fiber or ceramic. With the assistance of software program, the mannequin to be printed is first developed by the pc, which then offers directions to the 3D printer. Like the opposite PLI schemes, the incentives for corporations within the 3D or additive manufacturing area can be on achievement of a minimal threshold of cumulative incremental funding and incremental gross sales of manufactured items internet of taxes. There might, nevertheless, be some rest for corporations on this area as it’s a comparatively new sector, an official stated.
“For the electronics manufacturing sector, which is a high volume production area, the demand and proliferation right now is very low. We plan to encourage companies application areas are smart glass, power electronics, sensors and non-electronic components in electronics such as mobile accessories and give them some incentives beyond PLI as well,” the official stated. Asia leads the world in 3D printing and about 50 per cent of its market is cornered by China. But, globally, the US leads with over 35 per cent share.
