ELECTRONICS

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A major goal of the Government's program of policy reform is to foster an electronics industry that will become internationally competitive. The project objectives are to: (i) provide technical and financial support to assist the two largest DFIs improve their capability to identify, appraise and finance sound projects; (ii) assist in upgrading the training of technical and professional manpower; and (iii) help to lay the basis for continued improvement in the policy environment for electronics. Specifically, the project will comprise: (i) private and joint sector investment in fixed assets and permanent working capital through the two largest Indian DFIs using a "single window" mechanism for financing both term and working capital requirements of sub-borrowers; (ii) improvement of skilled manpower development and training capacity of selected education and training institutions; and (iii) technical assistance for development of the computer software industry, support for electronics policy development and upgrading the capability of financial institutions to appraise electronics projects.