ESDM
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MP Semiconductor Summit in Indore Draws ₹5,800 Crore of Chip Proposals, Mostly Design, ESDM and OSAT Madhya Pradesh used the first day of its Semiconductor Summit in Indore on 23 October to collect investment proposals worth about Rs. 5,800 crore, which the state expects to create more than 10,000 jobs, Business Standard reports. This is not a wafer fab announcement. Most of the money is aimed at ESDM manufacturing, chip design, verification and packaging-related work, which is where a state… |
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How The Union Budget 2024-25 Will Make India Self-reliant in Electronics and Semiconductor Manufacturing Around Rs 21,936.90 crore has been provided to the MeitY for its expenditure, which is a 52 percent boost counting the last year's budget. Post Lok Sabha elections, Finance Minister Nirmala Sitharaman presented her seventh union budget 2024-25, which is committed to the four pillars of the development agenda: ‘Garib’ (Poor… |
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Why India Must Have a Resilient Supply Chain to Grow Electronics Industry Globally, Highlights Experts
Around 40-50 percent of the bill of materials in mobile phones assembled in the country is imported largely from China.
With the help of latest technology and with the economies of scale, the Chinese firms have the ability to scale-up India’s domestic supply chain.
The geopolitical scuffles coupled with the pandemic have threatened international financial security… |
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Will India Become the Next “World’s Factory” in Electronics Manufacturing? An In-Depth Analysis 10 years ago, India imported 98 percent of mobile phones and at present 99 percent of the devices are made in India. In the coming days, 25 lakh people will work in electronics manufacturing. During the COVID-19 situation in 2021, China manufactured around $1.7 trillion worth of electronics, which contributed 28 percent of global production. China holds a 33 percent share of global exports… |
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How FTP 2023 will Help India To Achieve Target US$ 300 Bn of Electronics Production by 2026 On 31st March 2023, the New Foreign Trade Policy (FTP), 2023 was released by the Minister of Commerce and Industry, Piyush Goyal, along with the Handbook of Procedures (HBP), 2023. The same has been notified by the Directorate General of Foreign Trade (DGFT) on 1 April 2023. The new policy is of great relevance for the Electronics Systems Design & Manufacturing (… |
