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 […]
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 […]