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Component PLI to boost India's $500 bn electronics manufacturing goal: Industry
New Delhi, March 28: As India scales its production to reach $500 billion in electronics manufacturing by 2030, the Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS) will usher in a new era of growth, industry leaders said on Friday.
PLI booster: Cabinet approves Rs 22,919 cr electronics component manufacturing scheme
New Delhi, March 28: To make India 'Atmanirbhar' in the electronics supply chain, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the electronics component manufacturing scheme with a funding of Rs 22,919 crore.
Semiconductor sector has potential to transform India's economy: Gujarat govt official
Gandhinagar, Feb 27: A robust semiconductor & electronics system design and Manufacturing (ESDM) sector has the potential to transform India's economy, enhance innovation and strengthen national security, Gujarat's Principal Secretary, Science and Technology, Mona Khandhar, said on Thursday.
Number of EVs on Indian roads likely to cross 28 million in 2030: Report
New Delhi, Feb 20: The cumulative number of EVs on Indian roads will likely cross 28 million units in 2030, generating significant demand for energy from the grid, according to the India Energy Storage Alliance (IESA), a leading industry body focused on e-mobility, energy storage and hydrogen.
India's semiconductor consumption market to grow at a 13 pc CAGR through 2030
New Delhi, Feb 9: Driven by the government's production-linked incentive (PLI) scheme, India's semiconductor consumption market which is valued at $52 billion in 2024-25 is expected to grow at a robust CAGR of 13 per cent through 2030.
India's semiconductor market projected to reach $103.4 billion by 2030
Bhubaneswar, Jan 28: India’s semiconductor market is projected to grow to $103.4 billion by 2030, powering the over $400 billion electronics market, the Indian Electronics and Semiconductor Association (IESA) said on Tuesday.