🚨 Smartphones have become the India's fourth-largest export, achieving 42% growth to reach $15.6 billion in FY24.
Do you think 🤔 that ,slowly slowly india is in the direction to become manufacturing hub like china?
Let's decode the Semiconductor Industry in India :
High Import Reliance:
• India depends heavily on other countries for semiconductors.
• Major suppliers: China, Taiwan, South Korea, and the USA.
• In 2023, India imported semiconductors worth ov