Tag: Consumer Electronics

The Union Budget 2024-25 has been an instrumental one for the domestic electronics and consumer electronics industries, marking a pivotal moment with several measures aimed at bolstering the sector’s growth. The finance minister announced sweeping reforms, including customs duty reductions and the introduction of the ₹40,000 crore Production-Linked Incentive (PLI) scheme, particularly targeting the electronics […]

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said the former Minister of Communications, Electronics and Information Technology, Ravi Shankar Prasad, at an ASSOCHAM event. With the potential to produce a vast array of devices—ranging from mobile phones to laptops, TVs, and other components—the sector is poised to become a […]

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China is one of the largest trading partners of India. According to the Ministry of Commerce and Industry, India’s trade with China during 2018-19 was USD 87.07 billion, out of which the value imports was USD 70.32 billion. India’s exports to China during 2018-19 stood at 16.75 billion, signifying the huge deficit of over USD […]

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