Exploring the AI and IoT Revolution: Market Growth and Opportunities in 2025
The global Artificial Intelligence in IoT (AIoT) market is experiencing exponential growth, transforming industries and redefining possibilities. Valued at USD 9.25 billion in 2024, it is projected to reach USD 47.78 billion by 2033, growing at a robust CAGR of 19.8%. This surge is driven by the convergence of AI’s data processing capabilities with IoT’s […]
India’s Electronics Industry Set to Create 12 Million Jobs by 2027
India’s Electronics Sector Aims for USD 500 Billion Output by 2030 India’s electronics sector is poised for a transformative leap, targeting a manufacturing output of USD 500 billion by 2030, as per a report by TeamLease. To achieve this ambitious goal, the industry must expand fivefold over the next five years, bridging a USD 400 […]
Unveiling the Future of Industry 4.0: Key Trends, Insights, and Growth Drivers
The Industry 4.0 sector is witnessing unprecedented growth, fueled by rapid technological advancements and a surge in smart manufacturing adoption. Recent projections by Transparency Market Research (TMR) highlight a robust compound annual growth rate (CAGR) of 26.7% for the Industry 4.0 market during the forecast period. This article explores the driving forces, critical insights, regional […]
A Decade of Make in India: Growth and Opportunities in Electronics Manufacturing
India’s Make in India initiative, celebrating a decade of impact, has proven to be a game-changer for the country’s electronics manufacturing sector. From the meteoric rise of the Electronics Manufacturing Services (EMS) industry to the integration of IoT and embedded electronics, India has emerged as a global manufacturing powerhouse. EMS Sector: A Growth Catalyst […]
Top IIoT Trends Shaping the Future of Manufacturing in 2025
The manufacturing industry is undergoing a digital transformation, with Industrial IoT (IIoT) at the forefront of this evolution. As companies strive to remain competitive and forward-thinking, adopting technologies like digital twins, real-time data monitoring, predictive maintenance, and energy monitoring through smart systems is no longer optional—it’s a necessity. Digital Twins and Predictive Maintenance: Reducing […]
India’s Industrial Smart Cities Get ₹28,602-Crore Push Under NICDP
India is charting its course toward futuristic urban industrial landscapes with the approval of 12 industrial smart city projects under the National Industrial Corridor Development Program (NICDP). Announced by Union Commerce and Industry Minister Piyush Goyal in the Rajya Sabha, this ambitious initiative entails a ₹28,602-crore investment, including land costs, dedicated to developing state-of-the-art trunk […]
India Must Aim for $500 Billion Electronics Manufacturing Boom by 2030: NITI Aayog
Growing Electronics Sector and Employment India’s electronics manufacturing sector is expanding rapidly. According to NITI Aayog, the country should aim for $500 billion in domestic electronics manufacturing by 2030. This growth could generate employment for about 6 million people. The electronics sector has already seen strong growth, reaching $155 billion in FY23. Production almost doubled […]
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