Will India Become the Next “World’s Factory” in Electronics Manufacturing? An In-Depth Analysis
Will India Become the Next “World’s Factory” in Electronics Manufacturing? An In-Depth Analysis
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Wed, 04/03/2024 - 16:44
- 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 with a value addition of $1,368 billion.
[original story: Circuit Digest]