India’s electronics sector has rapidly grown to reach $155 billion in FY23, driven by mobile phones. Despite that, it remains ‘moderate’, accounting just 4% of global market
India's journey towards electronics manufacturing self-reliance is not just a matter of economic prosperity; it's a strategic step that safeguards its autonomy, fosters domestic innovation
733 applications for PLI have been approved in 14 sectors, with an expected investment of ₹3.65 lakh crore
Through the partnership, the country’s largest private sector company is planning to create a world-class electronic manufacturing hub in India.
Many customers, as per Flex CEO Revathi Advaithi, are interested in a ‘Made in India’ strategy to support their growth markets.
Reliance Strategic Business Ventures will hold 50.1% equity stake in the joint venture entity with Sanmina owning the remaining 49.9%
The production-linked incentive schemes seek to reimagine the dreams of the Indian economy. It will, of course, take a few years to completely evaluate the impact of them.
