NEW DELHI: While policy and financial measures on the way can help, the country is likely to miss the target by a mile, experts said.
India's domestic electronics industry may clock a total revenue of just $145 billion this year, the consensus estimate of three market researchers showed. This includes the consumer electronics industry of smartphones ($42 billion); laptops, desktops and tablets ($11 billion); and televisions, cameras, audio and accessories ($12 billion). Home appliances are expected to add $80 billion.
In September, Prime Minister Narendra Modi called for achieving a $500 billion electronics economy by 2030; however, this requires an annual revenue growth of 23%, against the 5% or lower growth in every electronics category since the pandemic outbreak.
This story is from the January 02, 2025 edition of Hindustan Times Thane.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 02, 2025 edition of Hindustan Times Thane.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Friends with lasting benefits
Friends: India's Closest Strategic Partners by Sreeram Chaulia highlights the intricacies of the country's partnerships with Japan, Australia, USA, Russia, France, Israel, UAE
Most people just want a good protagonist
The American author of children's books, on espionage novels and honouring his ancestors in his work
Kohli's season of gloom drags on
Average of 13.16 after the Perth hundred further weakens star player's position as batting spearhead
Golf elections: Ministry questions IOA president Usha on affiliation
The sports ministry has taken a stern view of Indian Olympic Association (IOA) president P.T. Usha recognising the Indian Golf Union (IGU) elections won by the Harish Kumar Shetty-led faction, asking IOA to adhere to its constitution and the National Sports Code.
Pant resists but India fold for 185
Familiar batting woes haunt visitors after Rohit Sharma 'rests' himself for fifth and final Test at SCG
Djokovic stunned by towering Opelka
Former world No.1 Novak Djokovic's Australian Open preparations suffered a blow on Friday as he was bundled out of the Brisbane International by towering American Reilly Opelka.
Existing EV subsidies to stay, no new incentives, says Goyal
Commerce minister Piyush Goyal said on Friday existing subsidies for the electric vehicle (EV) ecosystem will continue for some time, citing broad consensus among the government, auto OEMs, and battery swapping companies that no new incentives or subsidies are required at this stage.
Divided EU allows India to pitch for carbon tax relief
THE CBAM IMPOSES A CARBON PRICE ON IMPORTS OF CERTAIN PRODUCTS FROM OUTSIDE THE BLOC TO PREVENT CARBON LEAKAGE
State Borrowings to Surge About 18% in Q4
Higher borrowings expected to drive capex, helping economic recovery
Netbanking 2.0: NPCI's pilot to ease mobile payments
You're about to make a payment for a purchase on a popular e-commerce website from your mobile, but your bank doesn't show up in the net-banking list.
