Next 5 years set to further boost India’s domestic electronics manufacturing ...Middle East

New Delhi: India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products — mobile phones and their components, televisions, semiconductors and other devices — and the momentum is only going to grow in the next five years riding on the production-linked incentive (PLI) scheme, according to industry experts. Reports claim that India’s electronic manufacturing is projected to reach $250 billion in the next five years — from $105 billion (around 3 per cent of the GDP) in FY23. The country aims to reach $300 billion in electronics manufacturing by 2030. In April, electronic goods exports were recorded at $2.65 billion com

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