India's Software vs Hardware Exports, 2022.
Government's PLI Scheme can be clearly seen working for Computer Hardware Manufacturing in India.
From almost negligible exports in 2000s to $13 Billion in exports in 2022.
India is certainly late in Manuf
I am just saying its a good start for Manufacturing Economy, we have to go a long way forward to dominate China, S. Korea or Japan in Electronics Manufacturing. Stable Govt and Policies will ensure it.
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mg
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India๐ฎ๐ณ to surpass Japan๐ฏ๐ต in 2025 and become the 4th largest economy! (IMF)๐
Major victory for the Modi govt!๐ฅ๐ฅ
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mg
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A 145% tariff on China gives India a chance to step up production big time and turn into a major electronics exporter
Electronics manufacturing stocks are going up ๐
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Indian consumers donโt care about Made in India, China, or Japanโthey just want great products at reasonable prices.
Look at the market:
Chinese phones dominate ๐จ๐ณ๐ฑ
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