Rising exports, growing industrial production and business confidence, growing Purchasing Managers' Index, World Bank's confidence, all these refute claims of economic slowdown : Commerce Minister, Shri Suresh Prabhu
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Rising exports, growing industrial production and business confidence, growing Purchasing Managers' Index, World Bank's confidence, all these refute claims of economic slowdown : Commerce Minister, Shri Suresh Prabhu
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India's semiconductor component industry is expected to exceed $300 billion by 2026, as 'Make in India' and production-linked incentive initiatives enhance local sourcing of semi-components in the coming years. Mobile and wearables, IT, and industrial categories now account for over 80% of the country's semiconductor revenues in 2021.
Amongst the key products that are expected to lead India’s growth in electronics manufacturing include Mobile Phones, IT Hardware (laptops, tablets), Consumer electronics (TV and audio), Industrial electronics, Auto electronics, electronic components, LED Lighting, Strategic electronics, PCBA, Wearables and hearables, and Telecom equipment (see chart).
Mobile manufacturing that is expected to cross US$100 billion annual production - up from the current US$30 billion - is expected to constitute nearly 40% of this ambitious growth.
The demand for Mobile and wearable devices currently account for 51% of the semiconductor revenue in India, followed by IT (20%), industrial (9%), consumer electronics (7%) and telecom and automotive (5% each).
India is poised to be the second largest market in the world from the perspective of scale and growing demand across industries and applications. This demand is being pushed by the increasing pace of digital transformation among consumers, enterprises and the public sector through the adoption of new technologies, from advanced connectivity to content consumption to the cloud.
This consumption will not only come from the advanced semiconductor-heavy 5G and FTTH network infrastructure equipment, which will contribute to more than 14 percent of the total semiconductor consumption in 2026 but also from the highly capable AI-driven 5G endpoints, from smartphones, tablets, PCs, connected cars, industrial robotics to private networks
The domestic market is expected to increase from $65 billion to $180 billion over the next 5 years. This
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‘डगमगाती स्थिति में है Indian Economy’ | #AbhijitBanerjee |Indian economy is 'doing very badly'
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Mumbai: Speaking to ANI, market expert Sunil Shah in Mumbai stated that budget is around the corner and Modi government is serious about amending the wrong in economy.
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Bigg Boss 17 Latest Ranking | WEEK 11 | Ayesha Khan Ki Shocking Ranking, Munawar Ankita?
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Natural Life Style - Acharya Sri Mohan Gupta and Natural Life Style wishes you Healthy Navratre and navvarsh (Indian New Year) , find the right way to do fast for making a healthy Life.
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Everything is fair in love & war. Similarly, Everything is fair during election time: Mauvin on Mhadei
Everything is fair in love & war Similarly Everything is fair during election time: Mauvin on Mhadei
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भारत दुनिया की सबसे तेज रफ़्तार से आगे बढ़ने वाली Economy | PM Modi | Indian Economy | Proactive
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