Tag: Indian Economy

3 articles found

How Can Electronics Manufacturing Contribute $1 Trillion to India’s Economy by 2025?

How Can Electronics Manufacturing Contribute $1 Trillion to India’s Economy by 2025?

“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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Major Challenges for MSME sector in India

Major Challenges for MSME sector in India

Source: Apparel Resources Indian SME, which contributes 29% to the country’s GDP and the major employer is often laid back when compared to other countries like China or Japan. Reasons are plenty, but here we list down 6 major problems that SME face that is pulling the sector down from its reaching heights. Shortage of […]

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Indian manufacturing sector: Economic growth engine on track

Indian manufacturing sector: Economic growth engine on track

Manufacturing has emerged as one of the prominent growth sectors in India and the nation is on track to become the fifth largest manufacturing country in the world by 2020.  The ‘Make in India’ program aims to position India on the world map as a manufacturing hub and give global recognition to the economy.  Various […]

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