Tag: Electronics Manufacturing

How the Expanding Electronic Components Industry Offers Unmatched Growth Potential A vast array of components powers electronic devices, each playing a vital role in their functionality. From micro-scale transistors to power supplies, electronic components are the backbone of modern technology. This guide explores the intricacies of electronic component manufacturing, market trends, and how SolutionBuggy can […]

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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The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, has set the stage for a significant transformation in India’s manufacturing landscape. With a clear focus on enhancing productivity, creating employment opportunities, and fostering innovation, the budget introduces a slew of measures aimed at revitalizing the manufacturing sector and supporting Micro, Small, and Medium Enterprises […]

India has become one of the fastest growing electronics markets in the world and according to industry experts India is expected to reach USD 300 billion worth of electronics manufacturing by 2025-26 which is nearly 4 times from the current USD 67 billion. Production Linked Incentive Scheme has played a major role in propelling the […]

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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