❖ The government has set a target of reaching $500 billion worth of electronics production in the country by 2030.
❖ 500 billion electronics manufacturing sectors would create 5-6 million jobs
. ❖ It leads to electronics exports totalling $240 billion
.❖ The current value of India’s electronics production stands at an impressive $101 billion as of FY23.
❖ This comprises $86 billion in finished goods production and $15 billion in components manufacturing.
❖ During the same period, exports totalled $25 billion.
❖ The sector currently generates 1.3 million jobs.