launched this year this will have a direct impact on sales of televisions as consumers will upgrade to smart tvs and will have better content quality a gururaj md optiemus electronics ltdthe industry has been completely galvanized under the pioneering initiative of pli scheme with fm today stating that it has potential to create 60 lakh new jobs and additional production of 30 lakh crores this is also a clarion call to the industry to work much harder in the years to come to make it a reality on a macro level the scheme around designled manufacturing as part of the pli scheme would fasten the development of the ecosystem and also changes in customs duty will drive greater domestic value addition in electronics manufacturing in the country which has grown rapidly in the last few yearsmidhula devabhaktuni cofounder and cmo mivithe government has today announced duty exemption on electronics manufacturing including wearables and hearables this is a very commendable move and will help indian companies like mivi that are manufacturing in india we will be able to not only create more number of jobs but also offer a more price competitive product to our customers it will also encourage more indian brands to look to produce locally and reduce their dependence on imports