Unlocking the Potential of Electronic Components
The electronics sector is a key driver of economic growth and a crucial pillar of India’s ‘Make in India’ and ‘Digital India’ initiatives. With global electronics production reaching $3.5 trillion in 2022, electronic components play a vital role in this industry, creating a 1:4 multiplier effect. This blog explores India’s journey in electronics manufacturing, the challenges of import dependency, and the roadmap to strengthening the domestic component ecosystem, focusing on PCBs, semiconductors, and other key components.
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